在需求飙升的情况下，全球银行激烈竞争整合比特币 ETF

据报道，全球银行，特别是摩根士丹利和瑞银，援引内部备忘录和行业讨论，正在争夺成为第一家提供比特币 ETF 的银行。然而，彭博 ETF 专家埃里克·巴尔丘纳斯 (Eric Balchunas) 驳斥了这些谣言，称尚未发布任何官方公告，银行目前正处于“合规博弈”。

Global Banks Engage in Fierce Race to Integrate Bitcoin ETFs Amidst Surging Demand

在需求激增的情况下，全球银行竞相整合比特币 ETF

New York, NY - April 7, 2023 - Information from confidential sources indicates that a frenzied competition is underway among global banking institutions to incorporate Bitcoin exchange-traded funds (ETFs) into their product offerings. Morgan Stanley and Union Bank of Switzerland (UBS) are reportedly leading the charge in this pursuit.

纽约州纽约 - 2023 年 4 月 7 日 - 来自机密来源的信息表明，全球银行机构之间正在展开激烈的竞争，将比特币交易所交易基金 (ETF) 纳入其产品中。据报道，摩根士丹利和瑞士联合银行（UBS）在这方面处于领先地位。

The meteoric rise of Bitcoin ETFs in recent months has served as an undeniable catalyst for this institutional interest. These investment vehicles have attracted billions of dollars in assets under management within their first three months of trading, surpassing the market share of even established silver ETFs.

近几个月来，比特币 ETF 的迅速崛起成为了这种机构兴趣不可否认的催化剂。这些投资工具在交易的前三个月内就吸引了数十亿美元的管理资产，甚至超过了成熟的白银 ETF 的市场份额。

Morgan Stanley and Rivals in a Heated Race

摩根士丹利与竞争对手展开激烈竞争

As the Bitcoin ETF market continues to expand at a remarkable pace, investment banks are eager to stake their claim in this lucrative domain. Rumors suggest that Morgan Stanley is spearheading this effort, engaging in a fierce competition with its rivals to become the first to offer these highly sought-after products.

随着比特币 ETF 市场继续以惊人的速度扩张，投资银行渴望在这个利润丰厚的领域占据一席之地。有传言称，摩根士丹利正在带头开展这项工作，与竞争对手进行激烈的竞争，以成为第一家提供这些备受追捧的产品的公司。

According to internal notes obtained by industry insiders, Morgan Stanley may announce its entry into the Bitcoin ETF market "a few days before" its official launch. This development is indicative of the heightened anticipation surrounding this impending move.

根据业内人士获得的内部笔记，摩根士丹利可能会在比特币 ETF 正式推出的“几天前”宣布进入比特币 ETF 市场。这一事态发展表明人们对这一即将发生的举措的期待更高。

Bloomberg ETF Expert Weighs In

彭博 ETF 专家发表评论

Eric Balchunas, a renowned ETF expert at Bloomberg, has provided a more cautious assessment of the situation. While acknowledging the ongoing discussions within global banks regarding Bitcoin ETFs, he has cast doubt on the specific timeline outlined by other sources.

彭博社著名 ETF 专家埃里克·巴尔丘纳斯 (Eric Balchunas) 对形势做出了更为谨慎的评估。虽然他承认全球银行内部正在就比特币 ETF 进行讨论，但他对其他消息来源概述的具体时间表表示怀疑。

Balchunas suggests that banks may be engaged in a "compliance game of chicken," each waiting for the other to make the first move before committing to such a significant investment. He believes that if and when banks do enter the Bitcoin ETF space, it is likely to happen simultaneously.

巴尔丘纳斯认为，银行可能会参与一场“合规博弈”，双方都在等待对方先采取行动，然后才做出如此重大的投资。他认为，如果银行确实进入比特币 ETF 领域，很可能会同时发生。

UBS Approves Bitcoin ETFs for Private Wealth Management

瑞银批准比特币 ETF 用于私人财富管理

Amidst the ongoing speculation, it has emerged that UBS has reportedly approved Bitcoin ETFs for accounts within its Private Wealth Management (PWM) division that exceed $10 million in value. However, this approval is contingent upon certain conditions and has been categorized as "unsolicited."

在持续不断的猜测中，有消息称瑞银已批准为其私人财富管理 (PWM) 部门内价值超过 1000 万美元的账户提供比特币 ETF。然而，这一批准取决于某些条件，并且被归类为“主动批准”。

Vanguard Remains Unmoved Amid Hype

先锋集团在炒作中保持不为所动

In contrast to the enthusiastic pursuit of Bitcoin ETFs by other global banks, asset fund manager Vanguard has maintained a neutral stance on this investment vehicle. The company has announced that it has no current plans to offer Bitcoin ETFs.

与其他全球银行对比特币 ETF 的热情追捧相反，资产基金管理公司先锋集团 (Vanguard) 对这一投资工具保持中立立场。该公司宣布目前没有提供比特币 ETF 的计划。

Significance of Bitcoin ETFs

比特币 ETF 的意义

The potential integration of Bitcoin ETFs by global banks is a significant development with the potential to further accelerate the adoption of cryptocurrencies. The approval of Bitcoin ETFs by the Securities and Exchange Commission (SEC) in January marked a major milestone in legitimizing this asset class.

全球银行对比特币 ETF 的潜在整合是一项重大进展，有可能进一步加速加密货币的采用。美国证券交易委员会 (SEC) 一月份批准比特币 ETF，标志着该资产类别合法化的一个重要里程碑。

The fact that prominent financial institutions are now seeking to offer Bitcoin ETFs is a testament to the growing recognition of the cryptocurrency's investment potential. This move could broaden the accessibility of Bitcoin to a wider range of investors, including those who may have previously been hesitant to invest in the volatile digital asset.

知名金融机构现在正在寻求提供比特币 ETF，这一事实证明了人们越来越认识到加密货币的投资潜力。此举可能会扩大比特币对更广泛投资者的可及性，包括那些此前可能对投资这种不稳定的数字资产犹豫不决的投资者。

Market Dynamics and Future Prospects

市场动态及未来展望

At the time of press, Bitcoin ETFs accounted for approximately 4.25% of the total circulating supply of BTC. This allocation is expected to grow as more institutions embrace these investment vehicles.

截至发稿时，比特币 ETF 约占 BTC 总流通供应量的 4.25%。随着越来越多的机构采用这些投资工具，这种分配预计将会增加。

The entry of global banks into the Bitcoin ETF market has the potential to enhance the liquidity, transparency, and accessibility of this asset class. It could also contribute to a further increase in the price of Bitcoin, as well as facilitate wider institutional adoption.

全球银行进入比特币 ETF 市场有可能提高该资产类别的流动性、透明度和可及性。它还可能有助于比特币价格的进一步上涨，并促进更广泛的机构采用。

As the competition among banks to offer Bitcoin ETFs intensifies, it remains to be seen which institutions will emerge as the leaders in this burgeoning market. However, it is clear that the race for dominance in the Bitcoin ETF space is well underway, and the outcome will have profound implications for both the cryptocurrency industry and the financial landscape as a whole.

随着银行之间提供比特币 ETF 的竞争加剧，哪些机构将成为这个新兴市场的领导者还有待观察。然而，很明显，比特币 ETF 领域的主导地位争夺战正在顺利进行，其结果将对加密货币行业和整个金融格局产生深远影响。