In the stock market for the week of the 18th, some news shook market players.
Bitcoin is a crypto asset known for its price volatility.
It is said that ETFs and investment trusts linked to the futures were listed on the New York Stock Exchange for the first time in history.
Market officials are excited to say, "It's a historic event."
What is a Bitcoin ETF?
How historic is it?
(Keiichiro Furuichi, Reporter, Ministry of Economic Affairs)
At the Tokyo stock market on the 20th, attention was focused on the rise in the stock price of a company.
The prices of "Monex Group" of online securities increased by 5.8%, "Money Partners Group" of financial companies increased by 3.8%, and "GMO Internet" increased by 1.1%.
These three companies have something in common.
It means that we are dealing with "bitcoin".
The epicenter of the rise in stock prices is New York.
An ETF (Exchange Traded Fund) linked to Bitcoin futures was listed on the New York Stock Exchange on the 19th.
This is the first time in history.
I think that many people don't think of Bitcoin ETFs, but the feature is that they can be bought and sold in securities accounts like ordinary stocks without directly managing the actual Bitcoin.
Since the birth of Bitcoin, price volatility has been an issue.
急騰・急落を繰り返し、投機的な側面も強く、各国の法整備も不十分なことから“法定通貨”として認定したのは、中南米のエルサルバドルだけ。中国にいたっては、9月に事業を禁止する通達まで出しています。
取り引きは、専門の交換業者を通じてでしかできず、かなりのハイリスクを覚悟した「特別な」投資家が集まる場所でした。
それがETFという形になり、一般の投資家にもアクセスしやすくなったというわけです。言ってみれば“荒くれ者”が、ETFという衣をまとい、金融界の“市民権”を得たといえば分かりやすいでしょうか。
ある種、特殊でハイリスクな暗号資産が一般化したということで、市場関係者が興奮して「歴史的な出来事だ」と語るのはこういう理由が背景にあるようです。
日本国内ではこのビットコインETFの取扱業者はまだなく、まだハードルは高そうですが、アメリカでは証券口座を持っていれば個人投資家でも取り引きができることになったことで注目を集めているようです。
この話題で兜町を取材していて、おもしろい話を聞きました。足もとの金利上昇やインフレが長期化することへの警戒感もあり、プロであるヘッジファンドが現金資産の価値が目減りすることを警戒して投資を始めたとの見方が出ているというのです。
「インフレ時には資産価値が目減りしにくいとされる金」と、金融関係者から教えてもらった記憶がありますが、ビットコインETFが選択肢の1つになるとは、ちょっと驚きでした。
このETFの上場をきっかけに、ビットコイン自体も史上最高値を更新しました。
一方で、ビットコインなどの暗号資産をめぐっては警戒の視線も注がれています。
It is an authority that takes measures against money laundering in central banks and other countries.
This is because payments can be made without going through a financial institution, it is very easy to cross national borders, and money laundering = money laundering, which makes it difficult to know the source of funds involved in crime, has favorable conditions.
The IMF = International Monetary Fund has released a report analyzing its impact on the financial system, arguing that increased surveillance is needed.
I would like to keep an eye on future developments as to whether Bitcoin will become quieter by wearing ETF clothing.
Featured schedule
・ October 26 (Tuesday) (USA) September Number of new homes sold (USA) Facebook 3rd quarter financial results
・ October 27 (Wednesday) Bank of Japan monetary policy decision meeting (1st day) Japan Exchange Group meeting (1st day) (USA) Google, Twitter, Microsoft 3rd quarter financial results
・ October 28 (Thursday) Bank of Japan monetary policy decision meeting (2nd day) Kuroda Governor's meeting Sony, Mitsubishi Electric, interim financial results announcement (USA) 3rd quarter (7-9) month) GDP preliminary (Europe) European central bank Council
, October 29 (Friday) interim results announcement peak (ANA Holdings, KDDI, Mitsubishi Heavy Industries, etc.) (Europe) third quarter GDP preliminary
next week, the United States of the main day The financial results of the companies will be announced one after another.
In addition, the US GDP for three months will be announced until September last month.
Since the inauguration of the Biden administration, it has been growing at a high rate of 6% for the second consecutive quarter, but there are also low expectations, and it seems to be an important indicator to check whether the pace of economic recovery has slowed down.