摩根大通的比特币赌博：戴蒙的批评，分析师的乐观

银行业巨头摩根大通对首要加密资产比特币（BTC）表现出双重立场。尽管首席执行官杰米·戴蒙 (Jamie Dimon) 表示怀疑，批评比特币在非法活动中的使用并主张消除比特币，但该公司的分析师对 SEC 批准比特币现货 ETF 表示乐观。该 ETF 将追踪比特币的现货价格，可能会提振其需求和价格。

JPMorgan's Janus-Faced Stance on Bitcoin: Criticism and Optimism Intertwined

摩根大通对比特币的两面立场：批评与乐观交织在一起

JPMorgan Chase, a financial behemoth with global reach, has adopted a paradoxical attitude towards Bitcoin (BTC), the dominant cryptocurrency in today's market. While its CEO, Jamie Dimon, has unleashed a barrage of criticism against Bitcoin, analysts within the firm have expressed optimism about the likelihood of the US Securities and Exchange Commission (SEC) approving a financial product known as a Bitcoin Spot ETF.

具有全球影响力的金融巨头摩根大通对当今市场上占主导地位的加密货币比特币（BTC）采取了矛盾的态度。尽管其首席执行官杰米·戴蒙(Jamie Dimon)对比特币发起了一系列批评，但该公司内部的分析师对美国证券交易委员会(SEC)批准一种名为比特币现货ETF的金融产品的可能性表示乐观。

Dimon's Damning Verdict on Bitcoin

戴蒙对比特币的严厉判决

On December 6, 2023, Dimon faced scrutiny during a Senate Committee for Banking, Housing and Urban Development Affairs hearing on Capitol Hill in Washington, D.C. The hearing sought to assess the performance and wider impact of major banks on the economy, environment, and society. Among the topics that came under discussion was the burgeoning crypto sector, which has captured the attention of the financial world.

2023 年 12 月 6 日，戴蒙在华盛顿特区国会山举行的参议院银行、住房和城市发展事务委员会听证会上面临审查。该听证会旨在评估主要银行的表现以及对经济、环境和社会的更广泛影响。讨论的主题之一是新兴的加密货币行业，它引起了金融界的关注。

Senator Elizabeth Warren, a vocal critic of cryptocurrencies, pressed Dimon on his concerns regarding money laundering. Dimon responded unequivocally, stating that if he were the government, he would "shut down" Bitcoin altogether.

参议员伊丽莎白·沃伦 (Elizabeth Warren) 是加密货币的直言不讳的批评者，他向戴蒙施压，表达他对洗钱的担忧。戴蒙明确回应，表示如果他是政府，他将彻底“关闭”比特币。

Dimon's rejection of Bitcoin stems from his belief that it has become a favored tool for nefarious actors seeking to engage in illicit activities, such as cybercrime, drug trafficking, tax evasion, and money laundering. He also emphasized the need for regulation of stablecoins, cryptocurrencies pegged to the value of assets like the US dollar.

戴蒙之所以拒绝比特币，是因为他相信比特币已成为那些寻求从事网络犯罪、贩毒、逃税和洗钱等非法活动的不法分子所青睐的工具。他还强调需要对稳定币、与美元等资产价值挂钩的加密货币进行监管。

Dimon's unfavorable view of Bitcoin is not a novel stance. In 2017, he labeled Bitcoin a "fraud," expressing no interest in the cryptocurrency. However, he has acknowledged the potential of blockchain technology, the underlying foundation of Bitcoin and other cryptocurrencies, to enhance efficiency and transparency in the financial sector.

戴蒙对比特币的不利看法并不是什么新鲜事。 2017 年，他将比特币称为“欺诈”，并表示对这种加密货币不感兴趣。然而，他承认区块链技术是比特币和其他加密货币的基础，在提高金融领域的效率和透明度方面具有潜力。

JPMorgan Analysts' Positive Outlook on Bitcoin Spot ETF

摩根大通分析师对比特币现货 ETF 的积极展望

Despite Dimon's outspoken criticism, JPMorgan does not appear to be entirely dismissive of crypto developments. A report recently issued by a team of JPMorgan analysts, led by Nikolaos Panigirtzoglou, expresses confidence that the SEC will eventually approve a financial product known as a Bitcoin Spot ETF.

尽管戴蒙直言不讳地批评，摩根大通似乎并不完全否认加密货币的发展。由 Nikolaos Panigirtzoglou 领导的摩根大通分析师团队最近发布的一份报告表示，相信 SEC 最终将批准一种名为比特币现货 ETF 的金融产品。

A Bitcoin Spot ETF is a security that tracks the price of Bitcoin in the spot market, representing the current price for immediate delivery. It differs from a futures-based Bitcoin ETF, which tracks the price of Bitcoin in the derivatives market, representing the price for future delivery.

比特币现货 ETF 是一种跟踪现货市场中比特币价格的证券，代表立即交割的当前价格。它与基于期货的比特币ETF不同，后者跟踪衍生品市场中比特币的价格，代表未来交割的价格。

According to the JPMorgan analysts, should the SEC reject applications from the more than twelve applicants seeking to launch a Bitcoin Spot ETF, it would likely trigger legal challenges that could potentially undermine the regulator's authority. They argue that the SEC is therefore likely to approve a Bitcoin Spot ETF in the first quarter of 2024.

摩根大通分析师表示，如果 SEC 拒绝超过 12 名寻求推出比特币现货 ETF 的申请人的申请，可能会引发法律挑战，从而可能削弱监管机构的权威。他们认为，因此 SEC 可能会在 2024 年第一季度批准比特币现货 ETF。

JPMorgan also predicts that a Bitcoin Spot ETF could drive up demand for Bitcoin, potentially pushing its price higher. Currently, Bitcoin is trading at around $44,000 per coin, having surged by more than 160% since the beginning of 2023.

摩根大通还预测，比特币现货 ETF 可能会增加对比特币的需求，从而可能推高其价格。目前，比特币的交易价格约为每枚 44,000 美元，自 2023 年初以来已飙升超过 160%。

Conclusion

结论

JPMorgan's multifaceted stance on Bitcoin, marked by both criticism and optimism, reflects the broader complexities and uncertainties surrounding the cryptocurrency market. While Dimon's concerns about illicit activities raise valid considerations, the SEC's potential approval of a Bitcoin Spot ETF could provide a major boost to the legitimacy and accessibility of Bitcoin as an investment. As the crypto landscape continues to evolve, it remains to be seen how JPMorgan and other financial institutions will navigate the challenges and opportunities it presents.

摩根大通对比特币的多方面立场，既批评又乐观，反映了加密货币市场更广泛的复杂性和不确定性。虽然戴蒙对非法活动的担忧引起了合理的考虑，但美国证券交易委员会可能批准比特币现货 ETF，这可能会大大提高比特币作为投资的合法性和可及性。随着加密货币领域的不断发展，摩根大通和其他金融机构将如何应对其带来的挑战和机遇仍有待观察。