现货比特币 ETF 期权清除关键障碍，为机构采用铺平道路

现货比特币 ETF 期权是传统的金融工具，赋予持有人购买或出售加密 ETF 股票的权利，但没有义务。

A major regulatory milestone was reached on November 16 when the Commodity Futures Trading Commission (CFTC) announced that it will no longer oversee the clearing process for Bitcoin ETF options, paving the way for the final step in the approval chain.

11 月 16 日，商品期货交易委员会 (CFTC) 宣布将不再监督比特币 ETF 期权的清算流程，这为审批链的最后一步铺平了道路，这是一个重要的监管里程碑。

With this development, attention now turns to the Options Clearing Corporation, which must finalize the listing process for these ETF options.

随着这一进展，注意力现在转向期权清算公司，该公司必须完成这些 ETF 期权的上市流程。

According to a recent X post by ETF analyst Eric Balchunas:

根据 ETF 分析师 Eric Balchunas 最近发布的 X 帖子：

“Ball now in OCC’s court, and they are into it, so they’ll prob list very soon.”

“球现在在 OCC 的法庭上，他们很投入，所以他们很快就会上市。”

The CFTC’s statement on November 16 clarified that the Division of Clearing and Risk (DCR) no longer has oversight over the clearing of these options, and the Options Clearing Corporation is the sole entity mandated to clear and settle these ETF options.

CFTC 11 月 16 日的声明澄清，清算和风险部 (DCR) 不再对这些期权的清算进行监督，期权清算公司是唯一有权清算和结算这些 ETF 期权的实体。

The SEC approved an application to list these options on the NYSE and CBOE, highlighting that the green light was granted because the SEC recently permitted the Nasdaq to list options on the iShares Bitcoin Trust (IBIT), which saw positive results.

美国证券交易委员会批准了在纽约证券交易所和芝加哥期权交易所上市这些期权的申请，并强调之所以获得批准，是因为美国证券交易委员会最近允许纳斯达克在 iShares 比特币信托（IBIT）上列出期权，并取得了积极的成果。

This recent announcement marks the second major regulatory hurdle cleared in the approval process for spot Bitcoin ETF options.

最近的这一公告标志着现货比特币 ETF 期权审批过程中清除的第二个主要监管障碍。

Market analysts are viewing this as a significant step forward, with the potential listing of these options expected to pave the way for institutional investors to enter the crypto market en masse, helping to legitimize and expand the growing digital asset market.

市场分析师认为这是向前迈出的重要一步，这些期权的潜在上市预计将为机构投资者大规模进入加密货币市场铺平道路，有助于使不断增长的数字资产市场合法化并扩大规模。

According to Jeff Park, Head of Alpha Strategies at Bitwise Invest, Bitcoin ETF options could hit the market sooner than expected.

Bitwise Invest 阿尔法策略主管 Jeff Park 表示，比特币 ETF 期权可能会比预期更早上市。

With the CFTC’s clearance and the Options Clearing Corporation (OCC) next in line, Park believes that “Bitcoin ETF options are coming sooner than you think.”

随着美国商品期货交易委员会 (CFTC) 和期权清算公司 (OCC) 的批准，Park 相信“比特币 ETF 期权的到来比您想象的要早。”

While he expects the OCC to act “very quickly,” he noted that the end of 2024 is an “optimistic” target, and approval by year-end is not guaranteed.

虽然他预计 OCC 会“非常迅速”采取行动，但他指出 2024 年底是一个“乐观”的目标，并且不能保证年底前获得批准。

Bitcoin commentator British Hodl told their 76,000 X followers, “Q1 is his estimated time for the option’s arrival.”

比特币评论员英国 Hodl 告诉他们的 76,000 X 粉丝，“第一季度是他预计期权到来的时间。”

Some have even begun speculating on the arrival of similar spot Ethereum ETF options.

有些人甚至开始猜测类似的以太坊 ETF 现货期权的到来。

One user on X, going by the name Austin, asked, “Wonder how long ETH will follow? Can they not just resubmit since it was recently denied prior to Trump winning?”

X 上的一位名叫 Austin 的用户问道：“想知道 ETH 会跟进多久？既然最近在特朗普获胜之前被拒绝了，他们难道不能重新提交吗？”

Just recently, the Securities and Exchanges Commission stated that it will be delaying the approval of spot Ethereum ETF applications to allow for more public commentary and expert advice.

就在最近，美国证券交易委员会表示，将推迟批准现货以太坊ETF申请，以听取更多公众评论和专家建议。

The commission highlighted that it needs to ensure that the transition aligns with current securities laws.

该委员会强调，需要确保过渡符合现行证券法。