{"id":171156,"date":"2026-02-09T18:30:00","date_gmt":"2026-02-09T09:30:00","guid":{"rendered":"https:\/\/cryptonews.com\/jp\/?p=171156"},"modified":"2026-02-09T13:26:33","modified_gmt":"2026-02-09T04:26:33","slug":"arthur-hayes-bitcoin-ibit-hedging-selloff","status":"publish","type":"post","link":"https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/","title":{"rendered":"\u30d8\u30a4\u30ba\u6c0f\u6307\u6458\u3001BTC\u6025\u843d\u306e\u8981\u56e0\u3068\u306f\uff1f\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u306b\u3082\u5909\u5316"},"content":{"rendered":"<p class=\"wp-block-paragraph\">BitMEX\u306e\u30a2\u30fc\u30b5\u30fc\u30fb\u30d8\u30a4\u30ba\u5171\u540c\u5275\u8a2d\u8005\u306f7\u65e5\u3001\u6700\u8fd1\u306e\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3<a class=\"cpp-text-coin\" href=\"https:\/\/cryptonews.com\/jp\/coins\/bitcoin\/\" target=\"_blank\"><span><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/02\/26205235\/btc.svg\" alt=\"btc logo\" style=\"vertical-align: middle;\"> BTC <span style=\"color: #ef4546;\">1.14%<\/span><\/span><\/a>\u4fa1\u683c\u6025\u843d\u306e\u4e3b\u56e0\u306b\u3064\u3044\u3066\u3001\u30d6\u30e9\u30c3\u30af\u30ed\u30c3\u30af\u306e\u73fe\u7269ETF\u300cIBIT\u300d\u306b\u95a2\u9023\u3059\u308b\u4ed5\u7d44\u307f\u5546\u54c1\u306e\u30d8\u30c3\u30b8\u53d6\u5f15\u304c\u3001\u5e02\u5834\u306b\u5927\u304d\u306a\u5f71\u97ff\u3092\u4e0e\u3048\u305f\u3068\u5206\u6790\u3057\u305f\u3002<\/p><p class=\"wp-block-paragraph\">\u3064\u307e\u308a\u3001\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306b\u3088\u308b\u30d8\u30c3\u30b8\u6226\u7565\u304c\u58f2\u308a\u3092\u8a98\u767a\u3057\u3001\u4fa1\u683c\u3092\u7d046\u4e07\u30c9\u30eb\u307e\u3067\u62bc\u3057\u4e0b\u3052\u305f\u3068\u3044\u3046\u3002<\/p><p class=\"wp-block-paragraph\">\u30d8\u30a4\u30ba\u6c0f\u306f\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u304c\u91cd\u8981\u306a\u6c34\u6e96\u3092\u5272\u308a\u8fbc\u3093\u3060\u969b\u3001\u30c7\u30a3\u30fc\u30e9\u30fc\u304c\u5bfe\u5fdc\u3092\u8feb\u3089\u308c\u305f\u3068\u6307\u6458\u3002\u5f7c\u3089\u306f\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u30d0\u30e9\u30f3\u30b9\u3092\u4fdd\u3064\u305f\u3081\u3001\u4fdd\u6709\u3059\u308b\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e\u58f2\u5374\u3092\u4f59\u5100\u306a\u304f\u3055\u308c\u305f\u3068\u8003\u3048\u3066\u3044\u308b\u3002<\/p><h2 class=\"wp-block-heading\">\u30a2\u30fc\u30b5\u30fc\u30fb\u30d8\u30a4\u30ba\u6c0f\u304c\u6307\u6458\u3059\u308b\u4ed5\u7d44\u307f<\/h2><span class=\"replacer\"><\/span><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> dump probably due to dealer hedging off the back of <a href=\"https:\/\/twitter.com\/search?q=%24IBIT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$IBIT<\/a> structured products. I will be compiling a complete list of all issued notes by the banks to better understand trigger points that could cause rapid price rises and falls. As the game changes, u must as well. <a href=\"https:\/\/t.co\/9DF8VE9XBL\">pic.twitter.com\/9DF8VE9XBL<\/a><\/p>&mdash; Arthur Hayes (@CryptoHayes) <a href=\"https:\/\/twitter.com\/CryptoHayes\/status\/2019994102100865085?ref_src=twsrc%5Etfw\">February 7, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure><p class=\"wp-block-paragraph\">\u4eca\u56de\u306e\u4fa1\u683c\u5909\u52d5\u306e\u80cc\u666f\u306b\u306f\u3001\u300c\u8ca0\u306e\u30ac\u30f3\u30de\u30fb\u30c8\u30e9\u30c3\u30d7\u300d\u3084\u300c\u5f37\u5236\u7684\u306a\u58f2\u308a\u30eb\u30fc\u30d7\u300d\u3068\u547c\u3070\u308c\u308b\u30e1\u30ab\u30cb\u30ba\u30e0\u304c\u5b58\u5728\u3059\u308b\u3002\u9280\u884c\u306a\u3069\u304c\u7d44\u6210\u3057\u305fIBIT\u95a2\u9023\u306e\u4ed5\u7d44\u307f\u5546\u54c1\u306f\u3001\u4fa1\u683c\u304c\u7279\u5b9a\u306e\u6c34\u6e96\u306b\u8fd1\u3065\u304f\u3068\u81ea\u52d5\u7684\u306a\u58f2\u308a\u3092\u8a98\u767a\u3059\u308b\u8a2d\u8a08\u306b\u306a\u3063\u3066\u3044\u308b\u3002<\/p><p class=\"wp-block-paragraph\">\u5177\u4f53\u7684\u306b\u306f\u3001\u5f53\u521d\u4fa1\u683c\u306e70\u301c75\uff05\u7a0b\u5ea6\u306b\u8a2d\u5b9a\u3055\u308c\u305f\u30d0\u30ea\u30a2\u6c34\u6e96\u306b\u9054\u3059\u308b\u3068\u3001\u30c7\u30a3\u30fc\u30e9\u30fc\u306f\u30ea\u30b9\u30af\u7ba1\u7406\u306e\u305f\u3081\u306b\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u8abf\u6574\u3059\u308b\u5fc5\u8981\u304c\u751f\u3058\u308b\u3002<\/p><p class=\"wp-block-paragraph\">\u3053\u306e\u969b\u3001\u5e02\u5834\u306e\u6d41\u52d5\u6027\u304c\u4f4e\u4e0b\u3057\u3066\u3044\u308b\u30bf\u30a4\u30df\u30f3\u30b0\u3067\u3042\u3063\u3066\u3082\u3001\u6a5f\u68b0\u7684\u306b<a href=\"https:\/\/cryptonews.com\/jp\/cryptocurrency\/what-is-bitcoin\/\">\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3<\/a>\u3084IBIT\u306e\u58f2\u5374\u304c\u884c\u308f\u308c\u308b\u3002<\/p><p class=\"wp-block-paragraph\">\u3053\u3046\u3057\u305f\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u52d5\u304d\u306f\u3001\u5e02\u5834\u306e\u30bb\u30f3\u30c1\u30e1\u30f3\u30c8\u3084\u5b9f\u9700\u3068\u306f\u7121\u95a2\u4fc2\u306b\u5b9f\u884c\u3055\u308c\u308b\u70b9\u304c\u7279\u5fb4\u3060\u3002<\/p><p class=\"wp-block-paragraph\">\u305d\u306e\u305f\u3081\u3001\u5f93\u6765\u306e\u4eee\u60f3\u901a\u8ca8\u30c8\u30ec\u30fc\u30c0\u30fc\u306b\u3068\u3063\u3066\u3001\u4fa1\u683c\u306e\u52d5\u304d\u304c\u4e88\u6e2c\u3057\u3065\u3089\u3044\u72b6\u6cc1\u3092\u751f\u307f\u51fa\u3057\u3066\u304a\u308a\u3001\u6709\u671b\u306a<a href=\"https:\/\/cryptonews.com\/jp\/cryptocurrency\/new-cryptocurrency\/\">\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8<\/a>\u3092\u6a21\u7d22\u3059\u308b\u52d5\u304d\u3082\u898b\u3089\u308c\u3066\u3044\u308b\u3002<\/p><div class=\"cpp-crypto-chart cpp-crypto-chart-btc\" data-coin-symbol=\"btc\" data-price-usd=\"BTC \u4fa1\u683c\uff08USD\uff09\" data-main-color=\"#7a2197\" data-watermark-image=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/03\/12164618\/Cryptonews_b.png\" data-chart-style=\"cryptonews\"><div class=\"cpp-chart-header-wrapper\"><div class=\"cpp-chart-header\"><img decoding=\"async\" class=\"cpp-chart-header-logo lazyload\" src=\"https:\/\/cryptonews.com\/wp-content\/themes\/cryptonews\/images\/p\/no_image.svg\" alt=\"btc logo\" data-src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/02\/26205235\/btc.svg\" data-srcset=\"\"><div class=\"cpp-chart-coin-info\"><div class=\"cpp-chart-coin-name\">Bitcoin (BTC)<\/div><div class=\"cpp-chart-price-row\"><span class=\"cpp-chart-price\"><\/span><span class=\"cpp-chart-change\"><\/span><\/div><\/div><\/div><div class=\"cpp-chart-selectors\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"30d\">30d<\/span><span class=\"cpp-chart-selector\" data-period=\"1y\">1y<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">All time<\/span><\/div><\/div><canvas id=\"cpp-chart-6ae03187c182d\" class=\"cpp-chart-container\"><\/canvas><\/div><h2 class=\"wp-block-heading\">\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306e\u9032\u5316<\/h2><span class=\"replacer\"><\/span><figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"\u3010\u5206\u6790\u3011\u30d8\u30a4\u30ba\u6c0f\u304c\u6307\u6458\uff01\u5186\u5b89\u3068\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e\u77e5\u3089\u308c\u3056\u308b\u95a2\u4fc2\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/-IxOXHBZcWM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure><p class=\"wp-block-paragraph\">\u3053\u3046\u3057\u305f\u5e02\u5834\u69cb\u9020\u306e\u8907\u96d1\u5316\u304c\u9032\u3080\u4e00\u65b9\u3067\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u81ea\u4f53\u306f\u6280\u8853\u7684\u306a\u62e1\u5f35\u3092\u7d9a\u3051\u3066\u3044\u308b\u3002\u305d\u306e\u305f\u3081\u3001\u65b0\u305f\u306a\u6295\u8cc7\u6a5f\u4f1a\u3082\u751f\u307e\u308c\u3066\u3044\u308b\u3002<\/p><p class=\"wp-block-paragraph\">\u4e2d\u3067\u3082\u6ce8\u76ee\u3092\u96c6\u3081\u3066\u3044\u308b\u306e\u304c\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u3092\u7dad\u6301\u3057\u306a\u304c\u3089\u6a5f\u80fd\u6027\u3092\u62e1\u5f35\u3059\u308b\u30ec\u30a4\u30e4\u30fc2\u30bd\u30ea\u30e5\u30fc\u30b7\u30e7\u30f3\u3060\u3002\u305d\u306e\u7b46\u982d\u682a\u3068\u3057\u3066\u3001<a href=\"https:\/\/cryptonews.com\/jp\/ext\/bitcoinhyper\/\" target=\"_blank\" rel=\"noreferrer noopener sponsored nofollow\">BitcoinHyper\uff08HYPER\uff09<\/a>\u304c\u8a71\u984c\u3068\u306a\u3063\u3066\u3044\u308b\u3002<\/p><p class=\"wp-block-paragraph\">BitcoinHyper\u306f\u3001\u30bd\u30e9\u30ca\u306e\u4eee\u60f3\u30de\u30b7\u30f3\uff08SVM\uff09\u30a8\u30f3\u30b8\u30f3\u3092\u6d3b\u7528\u3057\u305f\u30ed\u30fc\u30eb\u30a2\u30c3\u30d7\u6280\u8853\u3092\u5c0e\u5165\u3057\u3066\u304a\u308a\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u4e0a\u3067\u9ad8\u901f\u304b\u3064\u4f4e\u30b3\u30b9\u30c8\u306a\u53d6\u5f15\u3092\u5b9f\u73fe\u3059\u308b\u3053\u3068\u3092\u76ee\u6307\u3057\u3066\u3044\u308b\u3002<\/p><p class=\"wp-block-paragraph\">\u3059\u3067\u306b\u30d7\u30ec\u30bb\u30fc\u30eb\u3067\u306f\u30013100\u4e07\u30c9\u30eb\u4ee5\u4e0a\u306e\u8cc7\u91d1\u8abf\u9054\u306b\u6210\u529f\u3057\u3066\u3044\u308b\u3002<\/p><p class=\"wp-block-paragraph\">\u307e\u305f\u3001\u305d\u306e\u6280\u8853\u7684\u306a\u30ed\u30fc\u30c9\u30de\u30c3\u30d7\u3068\u5f37\u529b\u306a\u652f\u63f4\u4f53\u5236\u304b\u3089\u3001\u5c06\u6765\u7684\u306a<a href=\"https:\/\/cryptonews.com\/jp\/cryptocurrency\/new-cryptocurrency\/\">\u4eee\u60f3\u901a\u8ca8\u4e0a\u5834<\/a>\u5019\u88dc\u3068\u3057\u3066\u3082\u6709\u529b\u8996\u3055\u308c\u3066\u3044\u308b\u3002<\/p><p class=\"wp-block-paragraph\">\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u672c\u6d41\u304c\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u52d5\u304d\u306b\u5de6\u53f3\u3055\u308c\u308b\u4e2d\u3001\u305d\u306e\u57fa\u76e4\u3092\u6d3b\u7528\u3057\u3064\u3064\u9ad8\u3044\u6210\u9577\u30dd\u30c6\u30f3\u30b7\u30e3\u30eb\u3092\u6301\u3064Bitcoin Hyper\u306f\u3001\u6b21\u306a\u308b\u5e02\u5834\u306e\u4e3b\u5f79\u3068\u3057\u3066\u671f\u5f85\u3055\u308c\u3066\u3044\u308b\u3002<\/p><a class=\"cta-content-button\" href=\"https:\/\/cryptonews.com\/jp\/ext\/bitcoinhyper\/\" rel=\"noopener nofollow sponsored\" target=\"_blank\">Bitcoin Hyper\u3092\u898b\u3066\u307f\u308b<\/a>","protected":false},"excerpt":{"rendered":"<p>BitMEX\u306e\u30a2\u30fc\u30b5\u30fc\u30fb\u30d8\u30a4\u30ba\u5171\u540c\u5275\u8a2d\u8005\u306f7\u65e5\u3001\u6700\u8fd1\u306e\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u4fa1\u683c\u6025\u843d\u306e\u4e3b\u56e0\u306b\u3064\u3044\u3066\u3001\u30d6\u30e9\u30c3\u30af\u30ed\u30c3\u30af\u306e\u73fe\u7269ETF\u300cIBIT\u300d\u306b\u95a2\u9023\u3059\u308b\u4ed5\u7d44\u307f\u5546\u54c1\u306e\u30d8\u30c3\u30b8\u53d6\u5f15\u304c\u3001\u5e02\u5834\u306b\u5927\u304d\u306a\u5f71\u97ff\u3092\u4e0e\u3048\u305f\u3068\u5206\u6790\u3057\u305f\u3002\u3064\u307e\u308a\u3001\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306b\u3088\u308b\u30d8\u30c3\u30b8\u6226\u7565\u304c\u58f2\u308a\u3092\u8a98\u767a\u3057\u3001\u4fa1\u683c\u3092\u7d046\u4e07\u30c9\u30eb\u307e\u3067\u62bc\u3057\u4e0b\u3052\u305f\u3068\u3044\u3046\u3002\u30d8\u30a4\u30ba\u6c0f\u306f\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u304c\u91cd\u8981\u306a\u6c34\u6e96\u3092\u5272\u308a\u8fbc\u3093\u3060\u969b\u3001\u30c7\u30a3\u30fc\u30e9\u30fc\u304c\u5bfe\u5fdc\u3092\u8feb\u3089\u308c\u305f\u3068\u6307\u6458\u3002\u5f7c\u3089\u306f\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u30d0\u30e9\u30f3\u30b9\u3092\u4fdd\u3064\u305f\u3081\u3001\u4fdd\u6709\u3059\u308b\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e\u58f2\u5374\u3092\u4f59\u5100\u306a\u304f\u3055\u308c\u305f\u3068\u8003\u3048\u3066\u3044\u308b\u3002\u30a2\u30fc\u30b5\u30fc\u30fb\u30d8\u30a4\u30ba\u6c0f\u304c\u6307\u6458\u3059\u308b\u4ed5\u7d44\u307f\u4eca\u56de\u306e\u4fa1\u683c\u5909\u52d5\u306e\u80cc\u666f\u306b\u306f\u3001\u300c\u8ca0\u306e\u30ac\u30f3\u30de\u30fb\u30c8\u30e9\u30c3\u30d7\u300d\u3084\u300c\u5f37\u5236\u7684\u306a\u58f2\u308a\u30eb\u30fc\u30d7\u300d\u3068\u547c\u3070\u308c\u308b\u30e1\u30ab\u30cb\u30ba\u30e0\u304c\u5b58\u5728\u3059\u308b\u3002\u9280\u884c\u306a\u3069\u304c\u7d44\u6210\u3057\u305fIBIT\u95a2\u9023\u306e\u4ed5\u7d44\u307f\u5546\u54c1\u306f\u3001\u4fa1\u683c\u304c\u7279\u5b9a\u306e\u6c34\u6e96\u306b\u8fd1\u3065\u304f\u3068\u81ea\u52d5\u7684\u306a\u58f2\u308a\u3092\u8a98\u767a\u3059\u308b\u8a2d\u8a08\u306b\u306a\u3063\u3066\u3044\u308b\u3002\u5177\u4f53\u7684\u306b\u306f\u3001\u5f53\u521d\u4fa1\u683c\u306e70\u301c75\uff05\u7a0b\u5ea6\u306b\u8a2d\u5b9a\u3055\u308c\u305f\u30d0\u30ea\u30a2\u6c34\u6e96\u306b\u9054\u3059\u308b\u3068\u3001\u30c7\u30a3\u30fc\u30e9\u30fc\u306f\u30ea\u30b9\u30af\u7ba1\u7406\u306e\u305f\u3081\u306b\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u8abf\u6574\u3059\u308b\u5fc5\u8981\u304c\u751f\u3058\u308b\u3002\u3053\u306e\u969b\u3001\u5e02\u5834\u306e\u6d41\u52d5\u6027\u304c\u4f4e\u4e0b\u3057\u3066\u3044\u308b\u30bf\u30a4\u30df\u30f3\u30b0\u3067\u3042\u3063\u3066\u3082\u3001\u6a5f\u68b0\u7684\u306b\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3084IBIT\u306e\u58f2\u5374\u304c\u884c\u308f\u308c\u308b\u3002\u3053\u3046\u3057\u305f\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u52d5\u304d\u306f\u3001\u5e02\u5834\u306e\u30bb\u30f3\u30c1\u30e1\u30f3\u30c8\u3084\u5b9f\u9700\u3068\u306f\u7121\u95a2\u4fc2\u306b\u5b9f\u884c\u3055\u308c\u308b\u70b9\u304c\u7279\u5fb4\u3060\u3002\u305d\u306e\u305f\u3081\u3001\u5f93\u6765\u306e\u4eee\u60f3\u901a\u8ca8\u30c8\u30ec\u30fc\u30c0\u30fc\u306b\u3068\u3063\u3066\u3001\u4fa1\u683c\u306e\u52d5\u304d\u304c\u4e88\u6e2c\u3057\u3065\u3089\u3044\u72b6\u6cc1\u3092\u751f\u307f\u51fa\u3057\u3066\u304a\u308a\u3001\u6709\u671b\u306a\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8\u3092\u6a21\u7d22\u3059\u308b\u52d5\u304d\u3082\u898b\u3089\u308c\u3066\u3044\u308b\u3002\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306e\u9032\u5316\u3053\u3046\u3057\u305f\u5e02\u5834\u69cb\u9020\u306e\u8907\u96d1\u5316\u304c\u9032\u3080\u4e00\u65b9\u3067\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u81ea\u4f53\u306f\u6280\u8853\u7684\u306a\u62e1\u5f35\u3092\u7d9a\u3051\u3066\u3044\u308b\u3002\u305d\u306e\u305f\u3081\u3001\u65b0\u305f\u306a\u6295\u8cc7\u6a5f\u4f1a\u3082\u751f\u307e\u308c\u3066\u3044\u308b\u3002\u4e2d\u3067\u3082\u6ce8\u76ee\u3092\u96c6\u3081\u3066\u3044\u308b\u306e\u304c\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u3092\u7dad\u6301\u3057\u306a\u304c\u3089\u6a5f\u80fd\u6027\u3092\u62e1\u5f35\u3059\u308b\u30ec\u30a4\u30e4\u30fc2\u30bd\u30ea\u30e5\u30fc\u30b7\u30e7\u30f3\u3060\u3002\u305d\u306e\u7b46\u982d\u682a\u3068\u3057\u3066\u3001BitcoinHyper\uff08HYPER\uff09\u304c\u8a71\u984c\u3068\u306a\u3063\u3066\u3044\u308b\u3002BitcoinHyper\u306f\u3001\u30bd\u30e9\u30ca\u306e\u4eee\u60f3\u30de\u30b7\u30f3\uff08SVM\uff09\u30a8\u30f3\u30b8\u30f3\u3092\u6d3b\u7528\u3057\u305f\u30ed\u30fc\u30eb\u30a2\u30c3\u30d7\u6280\u8853\u3092\u5c0e\u5165\u3057\u3066\u304a\u308a\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u4e0a\u3067\u9ad8\u901f\u304b\u3064\u4f4e\u30b3\u30b9\u30c8\u306a\u53d6\u5f15\u3092\u5b9f\u73fe\u3059\u308b\u3053\u3068\u3092\u76ee\u6307\u3057\u3066\u3044\u308b\u3002\u3059\u3067\u306b\u30d7\u30ec\u30bb\u30fc\u30eb\u3067\u306f\u30013100\u4e07\u30c9\u30eb\u4ee5\u4e0a\u306e\u8cc7\u91d1\u8abf\u9054\u306b\u6210\u529f\u3057\u3066\u3044\u308b\u3002\u307e\u305f\u3001\u305d\u306e\u6280\u8853\u7684\u306a\u30ed\u30fc\u30c9\u30de\u30c3\u30d7\u3068\u5f37\u529b\u306a\u652f\u63f4\u4f53\u5236\u304b\u3089\u3001\u5c06\u6765\u7684\u306a\u4eee\u60f3\u901a\u8ca8\u4e0a\u5834\u5019\u88dc\u3068\u3057\u3066\u3082\u6709\u529b\u8996\u3055\u308c\u3066\u3044\u308b\u3002\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u672c\u6d41\u304c\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u52d5\u304d\u306b\u5de6\u53f3\u3055\u308c\u308b\u4e2d\u3001\u305d\u306e\u57fa\u76e4\u3092\u6d3b\u7528\u3057\u3064\u3064\u9ad8\u3044\u6210\u9577\u30dd\u30c6\u30f3\u30b7\u30e3\u30eb\u3092\u6301\u3064Bitcoin Hyper\u306f\u3001\u6b21\u306a\u308b\u5e02\u5834\u306e\u4e3b\u5f79\u3068\u3057\u3066\u671f\u5f85\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n","protected":false},"author":432,"featured_media":171157,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14],"tags":[572],"editors":[492],"sponsored_companies":[],"class_list":["post-171156","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-talk","tag-new-cryptocurrency","editors-junpei"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u30d8\u30a4\u30ba\u6c0f\u6307\u6458\u3001BTC\u6025\u843d\u306e\u8981\u56e0\u3068\u306f\uff1f\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u306b\u3082\u5909\u5316<\/title>\n<meta name=\"description\" content=\"\u30a2\u30fc\u30b5\u30fc\u30fb\u30d8\u30a4\u30ba\u6c0f\u306f\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u6025\u843d\u304cIBIT\u95a2\u9023\u306e\u4ed5\u7d44\u307f\u5546\u54c1\u306b\u3088\u308b\u30d8\u30c3\u30b8\u58f2\u308a\u304c\u8981\u56e0\u3068\u5206\u6790\u3002\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u306b\u3082\u5909\u5316\u304c\u8d77\u304d\u308b\u3002\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/\" \/>\n<meta property=\"og:locale\" content=\"ja_JP\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u30d8\u30a4\u30ba\u6c0f\u6307\u6458\u3001BTC\u6025\u843d\u306e\u8981\u56e0\u3068\u306f\uff1f\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u306b\u3082\u5909\u5316\" \/>\n<meta property=\"og:description\" content=\"\u30a2\u30fc\u30b5\u30fc\u30fb\u30d8\u30a4\u30ba\u6c0f\u306f\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u6025\u843d\u304cIBIT\u95a2\u9023\u306e\u4ed5\u7d44\u307f\u5546\u54c1\u306b\u3088\u308b\u30d8\u30c3\u30b8\u58f2\u308a\u304c\u8981\u56e0\u3068\u5206\u6790\u3002\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u306b\u3082\u5909\u5316\u304c\u8d77\u304d\u308b\u3002\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News Japan\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-09T09:30:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cimg.co\/wp-content\/uploads\/sites\/6\/2026\/02\/09133245\/1770611565-arthur-hayes-btc-negative-gamma_optimized.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:description\" content=\"\u30a2\u30fc\u30b5\u30fc\u30fb\u30d8\u30a4\u30ba\u6c0f\u306f\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u6025\u843d\u304cIBIT\u95a2\u9023\u306e\u4ed5\u7d44\u307f\u5546\u54c1\u306b\u3088\u308b\u30d8\u30c3\u30b8\u58f2\u308a\u304c\u8981\u56e0\u3068\u5206\u6790\u3002\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u306b\u3082\u5909\u5316\u304c\u8d77\u304d\u308b\u3002\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/cryptonews.com\/wp-content\/uploads\/sites\/6\/2026\/02\/1770611565-arthur-hayes-btc-negative-gamma_optimized.jpg\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\u30d8\u30a4\u30ba\u6c0f\u6307\u6458\u3001BTC\u6025\u843d\u306e\u8981\u56e0\u3068\u306f\uff1f\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u306b\u3082\u5909\u5316","description":"\u30a2\u30fc\u30b5\u30fc\u30fb\u30d8\u30a4\u30ba\u6c0f\u306f\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u6025\u843d\u304cIBIT\u95a2\u9023\u306e\u4ed5\u7d44\u307f\u5546\u54c1\u306b\u3088\u308b\u30d8\u30c3\u30b8\u58f2\u308a\u304c\u8981\u56e0\u3068\u5206\u6790\u3002\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u306b\u3082\u5909\u5316\u304c\u8d77\u304d\u308b\u3002","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/","og_locale":"ja_JP","og_type":"article","og_title":"\u30d8\u30a4\u30ba\u6c0f\u6307\u6458\u3001BTC\u6025\u843d\u306e\u8981\u56e0\u3068\u306f\uff1f\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u306b\u3082\u5909\u5316","og_description":"\u30a2\u30fc\u30b5\u30fc\u30fb\u30d8\u30a4\u30ba\u6c0f\u306f\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u6025\u843d\u304cIBIT\u95a2\u9023\u306e\u4ed5\u7d44\u307f\u5546\u54c1\u306b\u3088\u308b\u30d8\u30c3\u30b8\u58f2\u308a\u304c\u8981\u56e0\u3068\u5206\u6790\u3002\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u306b\u3082\u5909\u5316\u304c\u8d77\u304d\u308b\u3002","og_url":"https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/","og_site_name":"Crypto News Japan","article_published_time":"2026-02-09T09:30:00+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/cimg.co\/wp-content\/uploads\/sites\/6\/2026\/02\/09133245\/1770611565-arthur-hayes-btc-negative-gamma_optimized.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_description":"\u30a2\u30fc\u30b5\u30fc\u30fb\u30d8\u30a4\u30ba\u6c0f\u306f\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u6025\u843d\u304cIBIT\u95a2\u9023\u306e\u4ed5\u7d44\u307f\u5546\u54c1\u306b\u3088\u308b\u30d8\u30c3\u30b8\u58f2\u308a\u304c\u8981\u56e0\u3068\u5206\u6790\u3002\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u306b\u3082\u5909\u5316\u304c\u8d77\u304d\u308b\u3002","twitter_image":"https:\/\/cryptonews.com\/wp-content\/uploads\/sites\/6\/2026\/02\/1770611565-arthur-hayes-btc-negative-gamma_optimized.jpg","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/#article","isPartOf":{"@id":"https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/"},"author":{"name":"naokisaito","@id":"https:\/\/cryptonews.com\/jp\/#\/schema\/person\/ed83b8ed6d9326346101bd92805fd21a"},"headline":"\u30d8\u30a4\u30ba\u6c0f\u6307\u6458\u3001BTC\u6025\u843d\u306e\u8981\u56e0\u3068\u306f\uff1f\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u306b\u3082\u5909\u5316","datePublished":"2026-02-09T09:30:00+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/"},"wordCount":54,"publisher":{"@id":"https:\/\/cryptonews.com\/jp\/#organization"},"image":{"@id":"https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptonews.com\/wp-content\/uploads\/sites\/6\/2026\/02\/1770611565-arthur-hayes-btc-negative-gamma_optimized.jpg","keywords":["\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8"],"articleSection":["Industry Talk"],"inLanguage":"ja-JP","copyrightYear":"2026","copyrightHolder":{"@id":"https:\/\/cryptonews.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/","url":"https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/","name":"\u30d8\u30a4\u30ba\u6c0f\u6307\u6458\u3001BTC\u6025\u843d\u306e\u8981\u56e0\u3068\u306f\uff1f\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u306b\u3082\u5909\u5316","isPartOf":{"@id":"https:\/\/cryptonews.com\/jp\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/#primaryimage"},"image":{"@id":"https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptonews.com\/wp-content\/uploads\/sites\/6\/2026\/02\/1770611565-arthur-hayes-btc-negative-gamma_optimized.jpg","datePublished":"2026-02-09T09:30:00+00:00","description":"\u30a2\u30fc\u30b5\u30fc\u30fb\u30d8\u30a4\u30ba\u6c0f\u306f\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u6025\u843d\u304cIBIT\u95a2\u9023\u306e\u4ed5\u7d44\u307f\u5546\u54c1\u306b\u3088\u308b\u30d8\u30c3\u30b8\u58f2\u308a\u304c\u8981\u56e0\u3068\u5206\u6790\u3002\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u306b\u3082\u5909\u5316\u304c\u8d77\u304d\u308b\u3002","breadcrumb":{"@id":"https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/#breadcrumb"},"inLanguage":"ja-JP","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/"]}],"author":[]},{"@type":"ImageObject","inLanguage":"ja-JP","@id":"https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/#primaryimage","url":"https:\/\/cryptonews.com\/wp-content\/uploads\/sites\/6\/2026\/02\/1770611565-arthur-hayes-btc-negative-gamma_optimized.jpg","contentUrl":"https:\/\/cryptonews.com\/wp-content\/uploads\/sites\/6\/2026\/02\/1770611565-arthur-hayes-btc-negative-gamma_optimized.jpg","width":1200,"height":675,"caption":"\u4e0b\u843d\u3059\u308b\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u30c1\u30e3\u30fc\u30c8\u3092\u80cc\u666f\u306b\u3057\u305f\u30a2\u30fc\u30b5\u30fc\u30fb\u30d8\u30a4\u30ba\u6c0f"},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.com\/jp\/news\/arthur-hayes-bitcoin-ibit-hedging-selloff\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.com\/jp\/"},{"@type":"ListItem","position":2,"name":"\u30d8\u30a4\u30ba\u6c0f\u6307\u6458\u3001BTC\u6025\u843d\u306e\u8981\u56e0\u3068\u306f\uff1f\u65b0\u3057\u3044\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u306b\u3082\u5909\u5316"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.com\/jp\/#website","url":"https:\/\/cryptonews.com\/jp\/","name":"Cryptonews","description":"","publisher":{"@id":"https:\/\/cryptonews.com\/jp\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.com\/jp\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ja-JP"},{"@type":"Organization","@id":"https:\/\/cryptonews.com\/jp\/#organization","name":"Cryptonews","url":"https:\/\/cryptonews.com\/jp\/","logo":{"@type":"ImageObject","inLanguage":"ja-JP","@id":"https:\/\/cryptonews.com\/jp\/#\/schema\/logo\/image\/","url":"https:\/\/cryptonews.com\/wp-content\/uploads\/sites\/6\/2023\/09\/4.jpg","contentUrl":"https:\/\/cryptonews.com\/wp-content\/uploads\/sites\/6\/2023\/09\/4.jpg","width":1669,"height":874,"caption":"Cryptonews"},"image":{"@id":"https:\/\/cryptonews.com\/jp\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.com\/jp\/wp-json\/wp\/v2\/posts\/171156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.com\/jp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.com\/jp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.com\/jp\/wp-json\/wp\/v2\/users\/432"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.com\/jp\/wp-json\/wp\/v2\/comments?post=171156"}],"version-history":[{"count":2,"href":"https:\/\/cryptonews.com\/jp\/wp-json\/wp\/v2\/posts\/171156\/revisions"}],"predecessor-version":[{"id":171159,"href":"https:\/\/cryptonews.com\/jp\/wp-json\/wp\/v2\/posts\/171156\/revisions\/171159"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptonews.com\/jp\/wp-json\/wp\/v2\/media\/171157"}],"wp:attachment":[{"href":"https:\/\/cryptonews.com\/jp\/wp-json\/wp\/v2\/media?parent=171156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.com\/jp\/wp-json\/wp\/v2\/categories?post=171156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.com\/jp\/wp-json\/wp\/v2\/tags?post=171156"},{"taxonomy":"editors","embeddable":true,"href":"https:\/\/cryptonews.com\/jp\/wp-json\/wp\/v2\/editors?post=171156"},{"taxonomy":"sponsored_companies","embeddable":true,"href":"https:\/\/cryptonews.com\/jp\/wp-json\/wp\/v2\/sponsored_companies?post=171156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}