纳斯达克寻求美国证券交易委员会批准交易比特币指数期权

美国证券交易所市场纳斯达克正在寻求监管机构的许可，以上市并促进基于比特币 ETF 的现货指数期权的交易

Nasdaq is applying to list and facilitate trading of index options based on the spot Bitcoin ETF, bringing another traditional finance giant into the crypto space. The new derivatives will give institutions and traders a different way to hedge their exposure to the flagship cryptocurrency.

纳斯达克正在申请上市并促进基于现货比特币 ETF 的指数期权交易，将另一家传统金融巨头带入加密货币领域。新的衍生品将为机构和交易者提供一种不同的方式来对冲旗舰加密货币的风险。

If the U.S. Securities and Exchange Commission (SEC) grants its regulatory blessing, this would give investors a secure and regulated platform for trading Bitcoin options, as Nasdaq's Head of Index Options John Black said:

如果美国证券交易委员会 (SEC) 给予监管支持，这将为投资者提供一个安全且受监管的比特币期权交易平台，正如纳斯达克指数期权主管约翰·布莱克 (John Black) 所说：

“We’re creating a place for investors to confidently put their money into this innovative asset class.”

“我们正在为投资者创造一个可以自信地将资金投入这一创新资产类别的场所。”

For the uninitiated, options are investment vehicles that let traders buy or sell assets like stocks, indexes, and exchange-traded funds (ETFs) at a specified price on an agreed date. This allows investors to hedge risks and expand their purchasing power.

对于外行来说，期权是一种投资工具，让交易者可以在约定的日期以指定的价格买卖股票、指数和交易所交易基金 (ETF) 等资产。这使得投资者能够对冲风险并扩大购买力。

The proposed Nasdaq Bitcoin Index Options (XBTX), submitted on Aug. 27 to the Securities and Exchange Commission, would give institutions the ability to manage their positions and hedge Bitcoin investments via options, Nasdaq said. The offering could boost crypto adoption, as per the U.S.-based stock exchange.

纳斯达克表示，拟议的纳斯达克比特币指数期权（XBTX）于 8 月 27 日提交给美国证券交易委员会，将使机构能够通过期权管理其头寸并对冲比特币投资。根据美国证券交易所的说法，此次发行可能会促进加密货币的采用。

XBTX would be based on the CME CF Bitcoin Real-Time Index developed by CF Benchmarks. The index tracks Bitcoin futures and options contracts on the Chicago Mercantile Exchange, providing real-time pricing data for the cryptocurrency.

XBTX 将基于 CF Benchmarks 开发的 CME CF 比特币实时指数。该指数追踪芝加哥商品交易所的比特币期货和期权合约，为加密货币提供实时定价数据。

“This collaboration further combines the innovative crypto landscape with the resiliency and reliability of traditional securities markets and would mark a significant milestone for expanding the maturation of the digital assets market,” Nasdaq Vice President and Head of Exchange Business Management Greg Ferrari said in a Tuesday statement.

纳斯达克副总裁兼交易所业务管​​理主管 Greg Ferrari 在周二表示：“此次合作进一步将创新的加密货币格局与传统证券市场的弹性和可靠性结合起来，将标志着数字资产市场成熟度的一个重要里程碑。”陈述。

Notably, XBTX will feature European-style exercise and cash settlement provisions. The final settlement value will be contingent on the CME CF Bitcoin Reference Rate New York Variant (BRRNY), calculated every second by averaging Bitcoin-to-U.S. dollar order data from major crypto exchanges.

值得注意的是，XBTX 将采用欧洲风格的行权和现金结算条款。最终结算价值将取决于 CME CF 比特币参考汇率纽约变体 (BRRNY)，该汇率通过平均主要加密货币交易所的比特币兑美元订单数据每秒计算一次。

Nasdaq’s application follows a similar announcement by the world’s largest stock exchange, the New York Stock Exchange (NYSE), indicating that it plans to list Bitcoin index options. The SEC has yet to approve any options investment instruments tied to the spot Bitcoin ETFs greenlighted in January.

在纳斯达克提出申请之前，全球最大的证券交易所纽约证券交易所（NYSE）也发布了类似的公告，表明其计划列出比特币指数期权。美国证券交易委员会尚未批准任何与 1 月份批准的现货比特币 ETF 相关的期权投资工具。

Sui Chung, CEO of CF Benchmarks, noted that these options would complement already existent trading of spot Bitcoin ETFs.

CF Benchmarks 首席执行官 Sui Chung 指出，这些期权将补充现有的比特币 ETF 现货交易。

“Together these regulated crypto derivatives will give investors the confidence to deploy more nuanced ways to gain exposure to the largest digital asset,” Chung added.

Chung 补充道：“这些受监管的加密货币衍生品将让投资者有信心采取更细致的方式来接触最大的数字资产。”