唐納德·川普當選後，加密貨幣行業正準備迎接交易所交易基金（ETF）的潛在激增

市場參與者希望支持加密貨幣的川普政府能夠結束監管僵局，並為基於加密貨幣的創新金融產品帶來更廣泛的批准。

The cryptocurrency industry is preparing for a potential surge in exchange-traded funds (ETFs) following Donald Trump's successful bid for the presidency, a development that experts believe could herald a transformative era for digital assets in the United States.

在唐納德·川普成功競選總統後，加密貨幣行業正在為交易所交易基金（ETF）的潛在激增做準備，專家認為這一發展可能預示著美國數位資產的變革時代。

According to a report by the Financial Times, market participants are optimistic that a pro-crypto Trump administration will end regulatory gridlock and pave the way for broader approval of innovative crypto-based financial products.

根據《金融時報》報道，市場參與者樂觀地認為，支持加密貨幣的川普政府將結束監管僵局，並為更廣泛批准基於加密貨幣的創新金融產品鋪平道路。

The recent approval of spot Bitcoin and Ethereum ETFs by the Securities and Exchange Commission (SEC) marked a significant milestone after years of regulatory pushback.

美國證券交易委員會 (SEC) 最近批准了比特幣和以太坊 ETF 現貨，這標誌著多年監管阻力後的一個重要里程碑。

However, filings for ETFs tied to other digital assets like Solana (SOL), Ripple (XRP), and Litecoin (LTC) have yet to gain traction.

然而，與 Solana (SOL)、Ripple (XRP) 和 Litecoin (LTC) 等其他數位資產相關的 ETF 申請尚未獲得關注。

In comparison, Europe has been more receptive, offering exchange-traded products linked to around 30 cryptocurrencies, according to ETFbook data.

相較之下，根據 ETFbook 的數據，歐洲的接受度更高，提供與約 30 種加密貨幣相關的交易所交易產品。

Industry leaders are hopeful that Trump's administration will replace SEC Chair Gary Gensler, whose tenure has been marked by strict enforcement actions against the crypto industry.

行業領袖希望川普政府能夠取代 SEC 主席加里·詹斯勒 (Gary Gensler)，後者的任期以針對加密行業的嚴格執法行動為標誌。

Trump has also pledged to make the U.S. a "bitcoin superpower," further fueling optimism for more supportive policies.

川普也承諾讓美國成為“比特幣超級大國”，進一步激發了人們對更多支持性政策的樂觀情緒。

"This election was a massive win for crypto," said Matt Hougan, Chief Investment Officer of Bitwise Asset Management, which filed for an XRP ETF.

Bitwise 資產管理公司首席投資長 Matt Hougan 表示：「這次選舉對加密貨幣來說是一次巨大的勝利。」該公司申請了 XRP ETF。

"For the past four years, crypto has operated with major regulatory uncertainty. Imagine what happens when those headwinds are removed."

“在過去的四年裡，加密貨幣的運營面臨著巨大的監管不確定性。想像一下，當這些不利因素消除後會發生什麼。”

These sentiments were echoed by VanEck's head of digital asset research, Matt Sigel, who described the election as a turning point for the crypto industry.

VanEck 數位資產研究主管 Matt Sigel 也表達了同樣的觀點，他將這次選舉描述為加密貨幣產業的轉捩點。

"The SEC's regulation by enforcement approach under Gensler stifled innovation. A return to a disclosure-based system could pave the way for more digital asset ETFs," Sigel noted.

「Gensler 領導下的 SEC 執法監管方式扼殺了創新。回歸基於資訊揭露的體係可能為更多數位資產 ETF 鋪平道路，」Sigel 指出。

He anticipates a Solana ETF to be trading in the U.S. by the end of next year.

他預計 Solana ETF 將於明年底在美國上市交易。

Asset managers are now preparing for what could be a flood of new crypto products. VanEck, buoyed by Trump's victory, has renewed its focus on developing digital asset ETFs.

資產管理公司現在正在為可能出現的大量新加密產品做好準備。 VanEck 受到川普勝利的鼓舞，重新將重點放在開發數位資產 ETF 上。

Meanwhile, Canary Capital recently filed for an HBAR ETF, adding to its existing applications for Solana, XRP, and Litecoin ETFs.

同時，Canary Capital 最近申請了 HBAR ETF，增加了其現有的 Solana、XRP 和萊特幣 ETF 申請。

The market rally following Trump's election has highlighted the pent-up demand for crypto innovation. Solana, XRP, and similar tokens have surged by 30% since the results, reflecting optimism for more favorable regulation and the potential approval of exotic crypto ETFs.

川普當選後的市場反彈凸顯了對加密貨幣創新的被壓抑的需求。自從公佈結果以來，Solana、XRP 和類似代幣已飆升 30%，反映出人們對更有利的監管以及外來加密 ETF 可能獲得批准的樂觀情緒。

In Europe, digital asset ETFs offer a diverse range of products, with nearly 30% of the $13 billion market dedicated to basket products and offerings beyond Bitcoin (BTC) and Ethereum (ETH).

在歐洲，數位資產 ETF 提供多種產品，在 130 億美元的市場中，近 30% 專門用於比特幣 (BTC) 和以太坊 (ETH) 以外的籃子產品和產品。

If mirrored in the U.S., these more specialized products could see demand reaching $55 billion, based on ETFbook's projections.

根據 ETFbook 的預測，如果反映在美國，這些更專業的產品的需求可能會達到 550 億美元。

Townsend Lansing, head of product at CoinShares, Europe's largest provider of digital asset ETFs, sees regulatory clarity as crucial for U.S. market growth.

歐洲最大的數位資產 ETF 提供商 CoinShares 的產品主管 Townsend Lansing 認為，監管清晰度對於美國市場的成長至關重要。

"A comprehensive legislative regime alongside traditional securities laws is completely missing in the U.S.," Lansing stated.

蘭辛表示：“美國完全缺乏傳統證券法之外的全面立法制度。”

He argued for a nuanced approach to regulating cryptocurrencies as commodities or securities, an issue that has been contentious under Gensler's SEC.

他主張採取細緻入微的方法將加密貨幣作為商品或證券進行監管，這一問題在 Gensler 的 SEC 領導下一直存在爭議。

While optimism abounds, industry leaders caution that regulatory clarity should not devolve into a "free-for-all." Hougan emphasized the need for balanced oversight, saying, "We want a dialogue-driven approach, not regulatory chaos."

雖然樂觀情緒比比皆是，但行業領導者警告稱，監管清晰度不應演變成「混戰」。霍根強調平衡監督的必要性，他說：“我們想要一種對話驅動的方法，而不是監管混亂。”

The potential regime change could reposition the U.S. as a global hub for digital assets. Sigel highlighted that over the past four years, the SEC's actions pushed much of the innovation abroad.

潛在的政權更迭可能會將美國重新定位為全球數位資產中心。 Sigel 強調，在過去四年中，SEC 的行動將大部分創新推向了海外。

"We're looking forward to the U.S. reclaiming its position as a leader in product development, from ETFs to stablecoins and NFT platforms," he added.

他補充說：“我們期待美國重新奪回其產品開發領域的領導者地位，從 ETF 到穩定幣和 NFT 平台。”

The impact of these developments will be explored in depth at Benzinga's Future of Digital Assets event on Nov. 19, where industry experts will discuss the evolving landscape of crypto regulation and innovation.

Benzinga 於 11 月 19 日舉辦的數位資產未來活動將深入探討這些發展的影響，產業專家將在會上討論加密貨幣監管和創新不斷發展的格局。