貝萊德執行長看好以太坊 ETF 前景，擺脫監管陰霾

儘管以太坊可能被歸類為證券，但貝萊德首席執行官拉里·芬克（Larry Fink）預計以太坊現貨交易所交易基金（ETF）將獲得批准。這種樂觀情緒源於貝萊德 iShares 比特幣信託的成功，該信託已吸引了超過 150 億美元的資產。然而，彭博分析師 James Seyffart 預測，由於 SEC 5 月的裁決，目前的以太坊 ETF 申請將被拒絕。儘管如此，由於比特幣 ETF 開創的先例以及對主要機構的財務激勵，包括 Arthur Hayes 和 Craig Salm 在內的以太坊 ETF 的倡導者仍然抱有希望。

BlackRock CEO Remains Optimistic about Ethereum ETF Prospects, Despite Regulatory Uncertainty

儘管監管存在不確定性，貝萊德執行長仍對以太坊 ETF 前景保持樂觀

In a recent interview on Fox Business, Larry Fink, the CEO of asset management behemoth BlackRock, expressed confidence in the possibility of an Ethereum spot exchange-traded fund (ETF) gaining regulatory approval in the United States. This stance comes despite the prevailing sentiment among industry observers that the Securities and Exchange Commission (SEC) will reject the current crop of applications from eight issuers seeking to launch such a product.

資產管理巨頭貝萊德執行長拉里·芬克最近在接受福克斯商業頻道採訪時表示，他對以太坊現貨交易所交易基金（ETF）在美國獲得監管部門批准的可能性充滿信心。儘管產業觀察家普遍認為美國證券交易委員會 (SEC) 將拒絕目前八家發行人尋求推出此類產品的申請，但這一立場還是出現了。

Fink's optimism likely stems from the remarkable success of BlackRock's spot Bitcoin ETF, the iShares Bitcoin Trust. Launched in October 2021, the fund has garnered over $15 billion in assets under management in just two and a half months on the market, making it "the fastest growing ETF in the history of ETFs," according to Fink.

芬克的樂觀情緒可能源自於貝萊德現貨比特幣 ETF iShares 比特幣信託基金的巨大成功。 Fink 表示，該基金於 2021 年 10 月推出，在上市短短兩個半月內就管理了超過 150 億美元的資產，使其成為「ETF 史上成長最快的 ETF」。

The liquidity and transparency injected into the market by the Bitcoin ETF appear to have convinced Fink of the transformative potential of similar products tracking other digital assets, including Ethereum. If the firm's wildly popular Bitcoin offering is any indication, there could be a substantial appetite among investors for convenient, regulated exposure to Ethereum through an exchange-traded fund.

比特幣 ETF 為市場注入的流動性和透明度似乎讓芬克相信，追蹤包括以太坊在內的其他數位資產的類似產品具有變革潛力。如果該公司廣受歡迎的比特幣產品有任何跡象的話，那麼投資者可能對透過交易所交易基金方便、受監管地投資以太坊有很大興趣。

However, not all market analysts share Fink's positive outlook. Bloomberg analyst James Seyffart has predicted that the SEC will ultimately reject the current Ethereum ETF applications when its ruling comes down in May. While acknowledging the need for further review of Fidelity's recent filing for a staking Ethereum ETF, Seyffart's overall assessment suggests that the proposals face an uphill battle.

然而，並非所有市場分析師都認同芬克的正面前景。彭博分析師詹姆斯·塞法特 (James Seyffart) 預測，美國證券交易委員會 (SEC) 在 5 月做出裁決後，最終將拒絕目前的以太坊 ETF 申請。儘管承認需要進一步審查富達最近提交的以太坊 ETF 質押申請，但 Seyffart 的總體評估表明，這些提案面臨著一場艱苦的戰鬥。

Despite these contrasting perspectives, advocates for Ethereum ETFs maintain their support. Arthur Hayes, former CEO of BitMEX, has argued that the success of Bitcoin ETFs effectively paves the way for similar products tied to other digital assets. He contends that major financial institutions have a vested interest in seeing Ethereum ETFs approved, given the lucrative fees they could generate.

儘管有這些截然不同的觀點，以太坊 ETF 的倡導者仍保持支持。 BitMEX 前執行長 Arthur Hayes 認為，比特幣 ETF 的成功實際上為與其他數位資產相關的類似產品鋪平了道路。他認為，考慮到以太坊 ETF 可能產生的豐厚費用，主要金融機構對以太坊 ETF 獲得批准有既得利益。

Grayscale's Chief Legal Officer, Craig Salm, has also expressed optimism, stating that the SEC's perceived lack of engagement with issuers on technical details should not be interpreted as an indicator of the final outcome. He reasons that many of these operational complexities have already been resolved through the approval process for Bitcoin ETFs.

Grayscale 的首席法務官 Craig Salm 也表達了樂觀態度，他表示 SEC 認為在技術細節上缺乏與發行人的接觸不應被解釋為最終結果的指標。他認為，許多操作複雜性已經透過比特幣 ETF 的審批流程得到解決。

As the SEC's May deadline for ruling on the Ethereum ETF applications nears, the crypto community awaits the outcome with bated breath. The ramifications of the regulator's decision could profoundly impact the acceptance and accessibility of Ethereum for investors through regulated investment vehicles.

隨著 SEC 對以太坊 ETF 申請做出裁決的 5 月最後期限臨近，加密貨幣社群屏息以待結果。監管機構決定的影響可能會深刻影響投資者透過受監管的投資工具接受和使用以太坊。