？贝莱德高管：对比特币ETF“持谨慎态度”的投资顾问正缓慢采用

贝莱德(BlackRock)的萨马拉·科恩(Samara Cohen)表示，人们期待已久的比特币交易所交易基金(ETF)于今年1月推出，金融顾问们正在逐步采用这种基金。

Samara Cohen of Black Rock said that the long-awaited Bitcoin Exchange Trading Fund (ETF) had been launched in January this year and that financial advisers were gradually introducing such funds.

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上周四，她在纽约举行的Coinbase加密货币峰会上表示，目前，大约80%的比特币ETF购买可能来自“自主投资者，他们通常通过在线经纪账户进行配置”。iShares比特币信托是今年早些时候推出的基金之一。

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贝莱德ETF和指数投资的首席投资官科恩指出，根据上季度的13-F文件，对冲基金和券商也一直是买家，但注册投资顾问则更加“谨慎”。

According to Beled ETF and Cowen, Chief Investment Officer for Index Investment, hedge funds and coupons have also been buyers according to last quarter 13-F documents, but registered investment advisers have been more cautious.

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CNBC最近对Advisor Council进行了调查，询问他们和他们的同事为什么对这些新产品如此谨慎。这些新产品代表了一种受监管的、熟悉的投资产品，适用于近年来引起极大兴趣的新资产类别。人们的反应不一，从比特币出名的价格波动，到这种旗舰加密货币还太新生，尚未建立起重要的记录。监管合规以及加密货币在欺诈和丑闻方面的名声也在顾问们的脑海中。

CNBC recently investigated Advisor Council and asked them and their colleagues why they were so cautious about these new products. These new products represent a regulated, familiar investment product for new asset classes that have attracted great interest in recent years.

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科恩在谈到这些持怀疑态度的财务顾问时说:“我认为他们很谨慎……这是他们的工作。”

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“投资顾问是客户的受托人。”她补充说，“这是一种历史上价格波动高达90%的资产类别，他们的工作实际上是构建投资组合，进行风险分析和尽职调查。他们现在正在这么做。”

, “Investment consultants are trustees of clients.” She added, “This is an asset class with historically high price volatility of up to 90%, and their job is actually to build an investment portfolio and conduct risk analysis and due diligence.” They are doing so now.

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“这是一个真正提出重要数据、风险分析(并确定)比特币在投资组合中可以扮演的角色的时刻，考虑到投资者的风险承受能力和流动性需求，什么样的配置是合适的。”她补充说，“这是一个顾问应该做的，所以我认为我们的旅程是正确的，他们在做他们的工作。”

“This is a time when important data, risk analysis (and determination) of the role Bitcoin can play in the portfolio, taking into account investors' risk carrying capacity and liquidity needs, and what configuration is appropriate.” She added, “This is what a consultant should do, so I think our journey is right, and they're doing their job.”

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科恩说，她认为比特币ETF是加密货币和传统金融之间的桥梁，特别是对于那些可能有兴趣配置比特币而不必在两个不同的生态系统中管理风险的投资者。她说，在ETF出现之前，现有的加密货币投入不足以满足一些投资者的需求。

Cohen said that she considered the Bitcoin ETF to be a bridge between encrypted money and traditional finance, especially for investors who might be interested in configuring bitcoin without having to manage risks in two different ecosystems. She said that, before the ETF appeared, the available encrypt currency input was not sufficient to meet the needs of some investors.

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Coinbase首席财务官阿莱西亚·哈斯(Alesia Haas)表示，比特币“正处于缓慢的普及之旅”——这一主题在会议上得到了广泛呼应。

Alicia Haas, Chief Financial Officer of Coinbase, stated that Bitcoin “was on a slow journey towards universal access” - the theme was widely echoed at the meeting.

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普信(T. Rowe Price)数字资产策略主管布鲁·马塞拉利(Blue Macellari)指出，一些投资者认为1%的配置是一个安全、舒适的数字。她说，她认为比特币的投资组合配置是二元事件，它们应该大于1%或为零，但她也承认，在采用比特币方面采取了谨慎的态度。

T. Rowe Price, Director of Digital Assets Strategy, Blue Macellari, pointed out that some investors considered the 1% configuration to be a safe and comfortable figure. She said that she believed that Bitcoin's portfolio configuration was a binary event and that they should be greater than 1% or zero, but she acknowledged that she had taken a cautious approach to the use of Bitcoin.

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马塞拉利说:“这是一个心理因素，人们需要试水并适应。这是一种范式转变……人们需要时间来适应。”

Marcelali said, "It's a psychological factor and people need to test water and adapt. It's a paradigm shift and people need time to adapt."