英国的加密货币野心：比特币 ETF 会铺平道路吗？

Kraken UK 董事总经理 Bivu Das 主张在英国引入比特币交易所交易基金（ETF），理由是它们有潜力为机构提供投资机会并使比特币合法化。 Das 强调，目前在英国受到限制的比特币 ETF 为投资者提供了无需直接所有权即可接触加密货币价值的机会，从而解决了监管问题。他认为，允许比特币 ETF 可以增强英国成为加密货币中心的雄​​心，因为自美国证券交易委员会批准以来，比特币 ETF 已在美国得到广泛采用。

Will the UK Finally Embrace Bitcoin ETFs?

英国最终会拥抱比特币 ETF 吗？

Bivu Das, Managing Director of Kraken UK, is spearheading a push for the introduction of Bitcoin exchange-traded funds (ETFs) in the UK. Das believes that Bitcoin ETFs, which are currently restricted in the UK, could provide investors with a safe and regulated way to gain exposure to the digital asset.

Kraken UK 董事总经理 Bivu Das 正在带头推动在英国引入比特币交易所交易基金 (ETF)。 Das 认为，目前在英国受到限制的比特币 ETF 可以为投资者提供一种安全且受监管的方式来投资数字资产。

Is the UK Lagging Behind in Crypto Innovation?

英国在加密货币创新方面落后了吗？

Das argues that the UK's ambition to become a crypto hub is being hindered by the lack of Bitcoin ETFs. He notes that the US has seen a surge in adoption of Bitcoin ETFs since the SEC's approval in January, legitimizing the asset for institutional investors.

达斯认为，由于缺乏比特币 ETF，英国成为加密货币中心的雄​​心受到阻碍。他指出，自 1 月份 SEC 批准以来，美国比特币 ETF 的采用量激增，使机构投资者的资产合法化。

Can Bitcoin ETFs Address Regulatory Concerns?

比特币 ETF 能否解决监管问题？

Das believes that Bitcoin ETFs could actually reduce regulatory concerns because investors do not directly own the underlying asset. This could mitigate the risks associated with holding cryptocurrencies directly.

Das 认为，比特币 ETF 实际上可以减少监管担忧，因为投资者并不直接拥有基础资产。这可以减轻与直接持有加密货币相关的风险。

Is the FCA Opening Up to Crypto ETFs?

FCA 是否向加密 ETF 开放？

The UK's Financial Conduct Authority (FCA) recently approved the launch of crypto exchange-traded notes (ETNs), but these are only available to institutional investors. Das argues that this signals an openness by the FCA to allow recognized investment exchanges to list crypto investment products for trading.

英国金融行为监管局（FCA）最近批准推出加密货币交易所交易票据（ETN），但这些票据仅适用于机构投资者。 Das 认为，这标志着 FCA 愿意允许认可的投资交易所列出加密投资产品进行交易。

Will Retail Investors Be Left Out?

散户投资者会被排除在外吗？

However, the FCA remains cautious about the risks associated with crypto derivatives and ETNs for retail investors. Coinbase UK CEO Daniel Seifert supports the introduction of Bitcoin ETFs in the UK, but acknowledges that the FCA faces a balancing act between fostering innovation and protecting retail investors.

然而，FCA 对于散户投资者与加密衍生品和 ETN 相关的风险仍持谨慎态度。 Coinbase UK 首席执行官 Daniel Seifert 支持在英国引入比特币 ETF，但承认 FCA 面临着促进创新和保护散户投资者之间的平衡。

Growing Interest in Crypto Investment Products

人们对加密货币投资产品的兴趣日益浓厚

The recent influx of investments into crypto ETFs, exemplified by billions in net inflows, suggests a growing interest in expanding access to crypto investment products. Das believes that the UK can benefit from this trend by embracing Bitcoin ETFs.

最近对加密货币 ETF 的投资大量涌入，以数十亿美元的净流入为例，这表明人们对扩大加密货币投资产品的使用范围越来越感兴趣。 Das 认为，英国可以通过拥抱比特币 ETF 从这一趋势中受益。

Conclusion

结论

The introduction of Bitcoin ETFs in the UK is a matter of ongoing debate. The FCA faces the challenge of balancing innovation with investor protection. However, the growing interest in crypto investment products and the potential benefits for institutional investors suggest that Bitcoin ETFs could play a significant role in the UK's crypto ecosystem.

在英国推出比特币 ETF 一直是一个争论不休的问题。 FCA 面临着平衡创新与投资者保护的挑战。然而，人们对加密投资产品日益增长的兴趣以及机构投资者的潜在利益表明，比特币 ETF 可以在英国的加密生态系统中发挥重要作用。