位比特幣和Ether ETF獲得SEC批准

美國證券交易委員會（SEC）已獲得紐約證券交易所ARCA的初步批准，以列出Bitwise的交易所交易基金（ETF）跟踪比特幣和以太幣。

The U.S. Securities and Exchange Commission (SEC) has granted an initial approval for NYSE Arca to list Bitwise’s exchange-traded fund (ETF) tracking Bitcoin and Ether. This decision marks a step forward in expanding regulated crypto investment options in the U.S.

美國證券交易委員會（SEC）已獲得紐約證券交易所ARCA的初步批准，以列出Bitwise的交易所交易基金（ETF）跟踪比特幣和Ether。該決定標誌著擴大美國的加密投資選擇方向前進的一步

The hybrid ETF will only begin trading after receiving final approval of its pending S-1 registration.

Hybrid ETF只有在獲得其未決的S-1註冊後才會開始交易。

The SEC’s decision to approve NYSE Arca's proposal follows a review of the exchange's 19b-4 filing in November 2024. The approval process moved at an accelerated pace, reducing the typical waiting period from 240 days to just 45. This move indicates a potential shift toward a faster regulatory approach for cryptocurrency-based financial products.

SEC批准NYSE ARCA的提案的決定是對交易所在2024年11月提交的19b-4備案的審查。批准過程以加速的速度進行，將典型的等待時間從240天減少到僅45天。這一舉動表明了潛在的轉變。基於加密貨幣的金融產品的更快的監管方法。

The regulator stated that the proposal meets the Exchange Act's requirements, particularly regarding the prevention of fraud and market manipulation. The decision aligns with previous approvals for crypto-related ETFs, including those from Hashdex and Franklin Templeton. These funds provide direct exposure to spot Bitcoin and Ether, giving investors access to digital assets in a regulated environment.

監管機構表示，該提案符合《交易法》的要求，特別是關於預防欺詐和市場操縱的要求。該決定與以前對加密相關的ETF的批准相吻合，包括Hashdex和Franklin Templeton的ETF。這些資金可直接接觸到現貨比特幣和乙醚，從而使投資者在受監管的環境中訪問數字資產。

The SEC has already greenlit multiple spot Bitcoin and Ethereum ETFs, with more cryptocurrency-based investment products awaiting approval. Hashdex's Crypto Index ETF includes a variety of digital assets, while Franklin's Crypto Index ETF tracks Bitcoin and Ethereum performance. These approvals reflect a growing institutional interest in regulated crypto investment vehicles.

SEC已經已經綠化了多個斑點比特幣和以太坊ETF，並擁有更多基於加密貨幣的投資產品等待批准。 Hashdex的加密指數ETF包括各種數字資產，而富蘭克林的加密型ETF則跟踪比特幣和以太坊性能。這些批准反映了受監管的加密投資工具的機構興趣日益增長。

Meanwhile, asset managers are submitting applications for altcoin-focused ETFs, including funds tied to Dogecoin and Litecoin. Bitwise recently filed for a Dogecoin ETF in Delaware, signaling potential expansion beyond Bitcoin and Ethereum.

同時，資產管理人員正在向以替代幣為中心的ETF提交申請，包括與Dogecoin和Litecoin相關的資金。 Bitwise最近在特拉華州申請了Dogecoin ETF，這表明了比特幣和以太坊以外的潛在擴展。

Analysts believe altcoin ETFs could attract capital but may see less consistent demand than Bitcoin-focused funds. Unity Wallet Chief Operating Officer James Toledano noted that altcoin ETFs depend on innovation-friendly policies to succeed. He pointed out that Bitcoin ETFs benefit from sustained institutional interest, while altcoins often experience unpredictable demand. This uncertainty could impact long-term performance and investor confidence in non-Bitcoin crypto ETFs.

分析人士認為，替代幣ETF可以吸引資本，但與以比特幣為重點的資金相比，需求的一致性可能更少。 Unity Wallet首席運營官James Toledano指出，Altcoin ETF依靠對創新友好的政策取得成功。他指出，比特幣ETF受益於持續的機構利益，而山寨幣通常會經歷不可預測的需求。這種不確定性可能會影響長期績效和投資者對非比幣加密ETF的信心。

SEC Speeds Up Crypto ETF Approval Process

SEC加快加密ETF批准過程

ETF analysts view the SEC's accelerated approval as a sign of shifting regulatory dynamics for digital asset funds. Bloomberg senior analyst Eric Balchunas suggested that even under the previous SEC leadership, these approvals were expected. However, he highlighted the 45-day approval period as a significant departure from the usual 240-day process.

ETF分析師將SEC的加速批准視為轉移數字資產基金監管動態的標誌。彭博高級分析師埃里克·巴爾庫納斯（Eric Balchunas）建議，即使在先前的SEC領導下，這些批准也得到了預期。但是，他強調了為期45天的批准期，這與通常的240天流程有很大的不同。

Balchunas also predicted that Litecoin ETF approval might be next in line. If regulators continue approving crypto-related funds at a faster pace, more products could enter the market soon. This shift could boost mainstream adoption and institutional investment in digital assets.

Balchunas還預測，Litecoin ETF的批准可能是下一個。如果監管機構繼續以更快的速度批准與加密相關的資金，那麼更多的產品可能很快就會進入市場。這種轉變可以提高主流採用和數字資產的機構投資。

FAQs

常見問題解答

Which exchange-traded fund (ETF) has received initial approval from the U.S. Securities and Exchange Commission (SEC)?

哪個交易所交易基金（ETF）已獲得美國證券交易委員會（SEC）的初步批准？

Bitwise's ETF, which will track Bitcoin and Ether, has obtained the initial approval.

Bitwise的ETF將跟踪比特幣和乙醚，已獲得初步批准。

When did the SEC begin reviewing the ETF's application?

SEC何時開始審查ETF的應用？

The SEC commenced its review of the ETF's 19b-4 filing in November 2024.

SEC於2024年11月開始對ETF的19b-4申請進行審查。

How quickly did the SEC approve the ETF?

SEC批准ETF的速度有多快？

The SEC granted approval within 45 days, which is notably faster than the typical 240-day approval period for such ETFs.

SEC在45天內獲得了批准，這要比此類ETF的典型240天批准期快。