芝加哥期权交易所将针对美国 ETF 市场推出现金结算的比特币 (BTC) 指数期权

这些新的金融工具计划于 12 月 2 日推出，并将基于 Cboe 比特币美国 ETF 指数，该指数跟踪在美国上市的一系列现货比特币交易所交易基金 (ETF)。

Major stock exchange operator Cboe Global Markets Inc (NASDAQ:CBO) has announced plans to introduce the first-ever cash-settled index options tied to Bitcoin’s (CRYPTO: BTC) spot price.

主要证券交易所运营商芝加哥期权交易所全球市场公司（纳斯达克股票代码：CBO）宣布计划推出首个与比特币（加密货币：BTC）现货价格挂钩的现金结算指数期权。

These new financial instruments will be launched on Dec. 2 and will be based on the Cboe Bitcoin U.S. ETF Index, which tracks a selection of spot Bitcoin exchange-traded funds (ETFs) listed in the United States.

这些新的金融工具将于 12 月 2 日推出，并将基于 Cboe 比特币美国 ETF 指数，该指数跟踪在美国上市的一系列现货比特币交易所交易基金 (ETF)。

This move is part of a broader trend of integrating cryptocurrency-related securities into traditional financial markets.

此举是将加密货币相关证券整合到传统金融市场的更广泛趋势的一部分。

Nasdaq began listing spot Bitcoin ETF options earlier this week, allowing U.S. investors to use derivatives to speculate on Bitcoin’s price movements or hedge their existing positions.

纳斯达克本周早些时候开始上市现货比特币 ETF 期权，允许美国投资者使用衍生品来推测比特币的价格走势或对冲现有头寸。

Cboe's initiative adds to the growing suite of crypto-related trading products available in the regulated U.S. market.

芝加哥期权交易所的举措进一步丰富了受监管的美国市场上日益增多的加密货币相关交易产品。

Historically, the majority of crypto derivatives trading, such as options and futures, has taken place on offshore platforms due to restrictive U.S. regulations.

从历史上看，由于美国的限制性法规，大多数加密货币衍生品交易（例如期权和期货）都是在离岸平台上进行的。

Binance and Deribit, both headquartered outside the U.S., have been the dominant players in this space, offering leveraged trading to their users.

总部位于美国境外的 Binance 和 Deribit 一直是该领域的主导者，为用户提供杠杆交易。

However, the increasing appetite for crypto derivatives in the U.S., coupled with President-elect Donald Trump's pro-crypto stance, is driving U.S.-based marketplaces to expand their offerings.

然而，美国对加密货币衍生品的需求日益增长，加上当选总统唐纳德·特朗普的支持加密货币立场，正在推动美国市场扩大其产品范围。

This shift has allowed institutional and retail investors to access new tools for managing risk and amplifying returns.

这种转变使机构和散户投资者能够获得管理风险和放大回报的新工具。

CME Group, which already offers Bitcoin futures, has reported a significant increase in open interest, reflecting heightened activity from institutional investors.

已经提供比特币期货的芝商所报告称，未平仓合约大幅增加，反映出机构投资者的活动增加。

This growth has begun to erode Binance's market share.

这种增长已经开始侵蚀币安的市场份额。

Additionally, over-the-counter options trading has emerged as a popular strategy among U.S. institutions seeking to hedge their crypto positions or implement more complex trading strategies.

此外，场外期权交易已成为寻求对冲其加密货币头寸或实施更复杂交易策略的美国机构中的一种流行策略。