QCP 最新报告指出，比特币今日早间突破历史新高，达 97,900 美元，受机构资金流入和企业对加密资产重视程度提升推动。观察到 1 月、3 月及 6 月看涨期权需求旺盛，显示市场对长期前景的强烈信心。比特币 ETF 近三日累计净流入达 18.4 亿美元，美国 ETF 年内净流入已超 294 亿美元，成为推动比特币资金流入的主要力量。在全球央行货币政策进一步宽松的背景下，比特币价格有望在年底保持强...

<div>QCP 最新报告指出，比特币今日早间突破历史新高，达 97,900 美元，受机构资金流入和企业对加密资产重视程度提升推动。观察到 1 月、3 月及 6 月看涨期权需求旺盛，显示市场对长期前景的强烈信心。比特币 ETF 近三日累计净流入达 18.4 亿美元，美国 ETF 年内净流入已超 294 亿美元，成为推动比特币资金流入的主要力量。在全球央行货币政策进一步宽松的背景下，比特币价格有望在年底保持强势。<br><br></div>

QCP Capital：比特币价格有望在年底保持强势

Bitcoin broke through a new historical high of $97,900 this morning, driven by the inflow of institutional funds and the increased attention of enterprises on crypto assets, according to the latest report from QCP. It was observed that the demand for call options in January, March and June was strong, indicating the market's strong confidence in the long-term outlook. Bitcoin ETFs have seen a cumulative net inflow of $1.84 billion in the past three days, and the net inflow of US ETFs has exceeded $29.4 billion so far this year, becoming the main force driving the inflow of funds into Bitcoin. Against the backdrop of further monetary easing by central banks around the world, the Bitcoin price is expected to remain strong by the end of the year.

The latest QCP report indicates that Bitcoin broke through its historical high this morning, reaching $97,900, driven by the inflow of institutional funds and the increased attention of enterprises to crypto assets. It was observed that the demand for call options in January, March and June was strong, indicating the market's strong confidence in the long-term outlook. The net inflow of Bitcoin ETFs in the past three days has reached $1.84 billion, and the net inflow of US ETFs this year has exceeded $29.4 billion, becoming the main force driving the inflow of funds into Bitcoin. Against the backdrop of further monetary easing by global central banks, the Bitcoin price is expected to remain strong by the end of the year.

QCP Capital: Bitcoin prices are expected to remain strong by the end of the year

According to the news from Mars Finance, the Singaporean cryptocurrency investment firm QCP Capital stated that cryptocurrencies may eventually become a key component of the macroeconomy. The options market for BlackRock's <IBIT> BTC ETF had a strong debut, with 73,000 contracts traded in the first hour on Tuesday. The ratio of call options to put options was 4.4:1. This high level of activity has placed <IBIT> among the top 20 most active non-index options, highlighting the growing institutional confidence in BTC as a mainstream asset class. This market response may attract new investor groups and enable the implementation of diversified trading strategies, which could help reduce volatility and downside risk, further solidifying BTC's position in the mainstream market. Other BTC spot ETFs, such as the Grayscale BTC Trust (<GBTC>) and the Fidelity Wise Origin BTC Fund (<FBTC>), are also expected to launch options products soon.

On the other hand, the selection of Trump's cabinet members is attracting widespread attention, particularly those friendly to the cryptocurrency sector, such as Musk, who was chosen as the Secretary of the newly established Department of Government Efficiency (<DOGE>), and Pete Hegseth, who has been nominated as the Secretary of Defense. Hegseth is a strong advocate of the decentralized value of BTC and has even pledged to hold, rather than sell, his BTC holdings. With the Republicans securing control of the Senate, most of the nominees are expected to be confirmed smoothly. Trump plans to finalize his cabinet selections within a week of Thanksgiving, indicating the new administration's alignment with the growing influence of digital assets in policy and finance.

QCP Capital: Cryptocurrency may eventually become a key part of the macroeconomy

Odaily Planet Daily Report: QCP Capital released a research report stating that Nasdaq will begin listing BlackRock's <IBIT> Bitcoin spot ETF options today. This marks a significant milestone in the Bitcoin derivatives market, as derivatives of traditional assets often grow to 10-20 times the market capitalization of the underlying market. This development is expected to attract a new wave of institutional investors who face restrictions in entering the domestic cryptocurrency options market (such as <Deribit>). These investors may focus on generating returns from their long-term spot ETF holdings, which could lead to further compression of implied volatility. This reflects the trend of institutions using MicroStrategy as a proxy for BTC exposure. The Q3 13F filings show that the number of institutional holders of MicroStrategy has surged from 667 to 738, with Vanguard increasing its stake by nearly 16 million shares, a staggering 1000% increase. Amidst all these positive factors, Goldman Sachs also plans to spin off its digital asset platform, further highlighting the growing integration of cryptocurrencies and traditional finance. We believe this can provide the necessary foundation for BTC to rise.

QCP Capital: BlackRock IBIT options go live today, providing a basis for BTC to rise

Trump's victory in the election led to expectations that the US government would accelerate its embrace of cryptocurrencies, keeping the Bitcoin market at a high level. On November 21, the price of Bitcoin reached a new all-time high, approaching the $95,000 mark.

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As the world's largest cryptocurrency, Bitcoin played a core role in this "Trump effect", with its price rising more than 35% since election day. So far this year, the price of Bitcoin has doubled. Currently, Bitcoin's market capitalization is $1.87 trillion, about 10% of the gold market value, surpassing traditional giants like silver and Saudi Aramco, and ranking among the...