納斯達克提交比特幣指數選擇權上市和交易文件

這些選擇權將追蹤 CME CF 比特幣即時指數代表的比特幣 (BTC) 價格

Nasdaq has filed an application with the U.S. Securities and Exchange Commission (SEC) to list and trade Bitcoin Index Options.

納斯達克已向美國證券交易委員會（SEC）提交了上市和交易比特幣指數選擇權的申請。

These options will track the price of Bitcoin (BTC) as represented by the CME CF Bitcoin Real-Time Index, according to a press release. The move is set to bring greater transparency and solidity to the crypto market.

據新聞稿稱，這些選擇權將追蹤以 CME CF 比特幣即時指數為代表的比特幣 (BTC) 價格。此舉將為加密貨幣市場帶來更大的透明度和穩定性。

Pending regulatory approval, this initiative will enable investors to better manage and hedge their crypto positions, ultimately enhancing liquidity and maturity within this digital asset class.

在等待監管部門批准的過程中，該舉措將使投資者能夠更好地管理和對沖其加密貨幣頭寸，最終提高該數位資產類別的流動性和成熟度。

Bitcoin index options explained

比特幣指數選擇權解釋

The options will feature European-style exercise and cash settlement, with final settlement values determined by the CME CF Bitcoin Reference Rate — New York Variant. This translates to the options being settled in cash, not Bitcoin.

這些選擇權將採用歐式行使和現金結算，最終結算價值由 CME CF 比特幣參考利率——紐約變體決定。這意味著期權以現金而非比特幣結算。

The benchmark provides a clear reference rate that will be pegged to a specific time, critical in a market like crypto, which is continuously traded globally.

該基準提供了一個明確的參考利率，該參考利率將與特定時間掛鉤，這對於像加密貨幣這樣在全球範圍內持續交易的市場至關重要。

If approved, the Nasdaq Bitcoin Index Options will offer institutional and retail investors another risk management tool, adding to the existing futures and options contracts linked to Bitcoin.

如果獲得批准，納斯達克比特幣指數選擇權將為機構和散戶投資者提供另一種風險管理工具，增加與比特幣相關的現有期貨和選擇權合約。

The proposed index options are touted as a cost-effective way to gain leveraged exposure to Bitcoin, presenting institutional investors and traders with an alternative method to hedge their exposure to the world’s largest cryptocurrency.

擬議的指數選擇權被認為是獲得比特幣槓桿曝險的一種經濟高效的方式，為機構投資者和交易者提供了另一種方法來對沖他們對全球最大加密貨幣的曝險。

In related news, earlier this year, the SEC approved spot Bitcoin ETF trading, prompting several large financial institutions to file for their own spot Bitcoin ETFs.

相關消息稱，今年早些時候，SEC 批准了現貨比特幣 ETF 交易，促使多家大型金融機構申請自己的現貨比特幣 ETF。

Nasdaq is partnering with CF Benchmarks to make this possible.

納斯達克正在與 CF Benchmarks 合作，以實現這一目標。