多家现货比特币 ETF 发行人将加入贝莱德提供期权交易

比特币 ETF 发行人将与贝莱德一起提供期权交易，这标志着加密货币投资工具的另一个里程碑。

Several spot bitcoin ETF issuers are set to join BlackRock in offering options trading, marking another milestone for crypto investment vehicles.

多家现货比特币 ETF 发行人将与贝莱德一起提供期权交易，这标志着加密货币投资工具的另一个里程碑。

The launch of options trading for spot bitcoin ETFs continues to expand, with multiple issuers set to begin trading Wednesday, following BlackRock’s iShares Bitcoin Trust (IBIT) successful options debut on Tuesday, according to data provided by the Options Clearing Corporations, the sole issuer and regulator of all U.S. exchange-listed securities options.

根据唯一发行者和期权清算公司提供的数据，继贝莱德的 iShares 比特币信托 (IBIT) 周二成功推出期权后，现货比特币 ETF 期权交易的推出继续扩大，多家发行者将于周三开始交易。所有美国交易所上市证券期权的监管机构。

The options rollout comes as bitcoin reached new highs above $94,900 on Wednesday. While it's since retreated to $94,320, it's still about 2% higher over the past 24 hours, according to data from CoinMarketCap.

期权推出之际，比特币周三触及 94,900 美元以上的新高。根据 CoinMarketCap 的数据，虽然此后回落至 94,320 美元，但在过去 24 小时内仍上涨约 2%。

Several bitcoin ETF options will begin trading Wednesday, including the ARK 21Shares Bitcoin ETF (ARKB), Fidelity Wise Origin Bitcoin Fund (FBTC), Bitwise Bitcoin ETF (BITB), Grayscale Bitcoin Trust ETF (GBTC), and Grayscale Bitcoin Mini Trust (BTC), OCC data showed.

多个比特币 ETF 期权将于周三开始交易，包括 ARK 21Shares 比特币 ETF (ARKB)、Fidelity Wise Origin 比特币基金 (FBTC)、Bitwise 比特币 ETF (BITB)、灰度比特币信托 ETF (GBTC) 和灰度比特币迷你信托 (BTC) ），OCC 数据显示。

Grayscale investments confirmed the Wednesday launch of options trading for both GBTC and BTC in a Tuesday statement. David LaValle, senior managing director and global head of ETFs at Grayscale Investments, noted that the development further expands the ecosystem around U.S.-listed bitcoin ETFs.

Grayscale Investments 在周二的声明中确认周三将推出 GBTC 和 BTC 期权交易。 Grayscale Investments 高级董事总经理兼 ETF 全球主管 David LaValle 指出，这一发展进一步扩大了围绕美国上市的比特币 ETF 的生态系统。

Options trading expands investors' tools to participate in the spot bitcoin ETF market and follows January’s historic approval of the 11 funds by the Securities and Exchange Commission. They come on the heels of the incoming Trump administration's advocacy for crypto and growing investor interest, with IBIT accumulating nearly $30 billion in assets, according to data from Farside Investors.

继 1 月份美国证券交易委员会历史性批准 11 只基金之后，期权交易扩大了投资者参与现货比特币 ETF 市场的工具。 Farside Investors 的数据显示，继即将上任的特朗普政府倡导加密货币以及投资者兴趣不断增长之后，IBIT 积累了近 300 亿美元的资产。

Trading Activity Shows Bullish Sentiment

交易活动显示看涨情绪

IBIT’s first day of options trading showed strong demand, with Bloomberg Intelligence ETF Research Analyst James Seyffart noting on X that trading volume reached just shy of $1.9 billion in so-called notional exposure through 354,000 contracts. Notional value represents the total worth of all of the derivatives contracts, as opposed to the spot price of the contract.

IBIT 期权交易的第一天显示出强劲的需求，彭博资讯 ETF 研究分析师 James Seyffart 在 X 上指出，通过 354,000 份合约，所谓名义敞口的交易量接近 19 亿美元。名义价值代表所有衍生品合约的总价值，而不是合约的现货价格。

“$1.9b is unheard of for day one. For context, $BITO did $363m and that's been around for four years,” Eric Balchunas, senior ETF analyst for Bloomberg, posted on X.

“第一天 1.9b 美元是闻所未闻的。就背景而言，$BITO 的销售额为 3.63 亿美元，并且已经存在了四年。”彭博社高级 ETF 分析师 Eric Balchunas 在 X 上发帖称。

As of Tuesday's market close, the trading heavily favored call options over puts, with 289,000 calls versus 65,000 puts traded, according to Seyffart.

Seyffart 表示，截至周二收盘，看涨期权的交易量明显高于看跌期权，看涨期权交易量为 289,000 份，看跌期权交易量为 65,000 份。

“$IBIT options trading was strong but guessing it was largely retail phenomenon based on the heavy skew to out-of-the-money calls,” Seyffart posted on X.

Seyffart 在 X 上发帖称：“$IBIT 期权交易强劲，但根据虚值看涨期权的严重倾斜，猜测这主要是散户现象。”

Some market participants are showing particularly bullish sentiment through their options activity. Seyffart noted that the Dec. 20 $100 call options for IBIT were among the most actively traded contracts, representing “essentially a lottery ticket” betting that bitcoin’s price would nearly double within the next month.

一些市场参与者通过期权活动表现出特别乐观的情绪。 Seyffart 指出，12 月 20 日 IBIT 的 100 美元看涨期权是交易最活跃的合约之一，“本质上是一张彩票”，押注比特币的价格将在下个月内几乎翻倍。

Expanding Investment Options

扩大投资选择

In related developments, Grayscale Investments updated two fillings for bitcoin and Ethereum covered call ETFs, suggesting the firm is positioning itself to further expand its crypto investment offerings.

在相关进展中，Grayscale Investments 更新了比特币和以太坊备兑看涨 ETF 的两项内容，表明该公司正在进一步扩大其加密货币投资产品。

According to the Monday SEC filings, the proposed covered call ETFs would aim to generate income by selling call options on bitcoin and Ethereum ETFs while maintaining exposure to the underlying crypto funds, offering investors potential yield in addition to cryptocurrency price appreciation.

根据周一向 SEC 提交的文件，拟议的备兑看涨 ETF 旨在通过出售比特币和以太坊 ETF 的看涨期权来产生收入，同时保持对基础加密基金的敞口，除了加密货币价格升值之外，还为投资者提供潜在收益。