SEC 再次推遲灰階以太坊期貨 ETF 決定

美國證券交易委員會 (SEC) 將就 Grayscale 申請以太坊期貨 ETF 做出決定的截止日期延長至 5 月 30 日。根據 1934 年《證券交易法》，這一延遲使該機構有更多的時間來審查擬議的變更，該法給予六個月的考慮期。在此之前，Grayscale 和其他公司的以太坊 ETF 現貨申請也出現了類似的延遲，這增加了市場壓力，導致以太坊價格每週下跌 10.4%。

Securities and Exchange Commission Delays Decision on Grayscale Ethereum Futures ETF Application

美國證券交易委員會推遲對灰階以太坊期貨 ETF 申請做出決定

March 22, 2024

2024 年 3 月 22 日

The United States Securities and Exchange Commission (SEC) has further postponed its decision on whether to approve Grayscale's application for an Ethereum Futures Exchange-Traded Fund (ETF). The new deadline for the SEC's decision has been extended to May 30, 2024, according to a document filed by the agency on Friday.

美國證券交易委員會（SEC）進一步推遲了是否批准灰階申請以太坊期貨交易所交易基金（ETF）的決定。根據 SEC 週五提交的文件，該機構做出決定的新截止日期已延長至 2024 年 5 月 30 日。

The initial application for the Grayscale Ethereum Futures ETF was submitted in September 2023. Under the Securities Exchange Act of 1934, the SEC has 180 days, or six months, from the date of the proposed rule change to make a decision. The agency had previously deferred its decision in November 2023.

灰階以太坊期貨 ETF 的初始申請於 2023 年 9 月提交。根據 1934 年《證券交易法》，SEC 自擬議規則變更之日起有 180 天（即六個月）的時間做出決定。該機構此前曾於 2023 年 11 月推遲做出決定。

In its announcement, the SEC stated that it requires additional time to thoroughly review the proposed rule change and the issues it raises. "The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein," the agency said.

SEC 在公告中表示，需要更多時間來徹底審查擬議的規則變更及其引發的問題。該機構表示：“委員會認為，指定更長的期限來發布批准或不批准擬議規則變更的命令是適當的，以便委員會有足夠的時間考慮擬議的規則變更以及其中提出的問題。”

This latest delay in the decision-making process for the Grayscale Ethereum Futures ETF application follows a similar pattern of postponements by the SEC for other spot and futures Ethereum ETF applications. In January 2024, the SEC approved 11 Bitcoin ETFs but delayed its decision on spot Ethereum ETF applications from Grayscale and BlackRock. The following month, the SEC also postponed its decision on a joint spot Ethereum ETF application from Invesco and Galaxy Digital.

灰階以太坊期貨 ETF 申請決策過程的最新延遲遵循了 SEC 對其他現貨和期貨以太坊 ETF 申請的類似延遲模式。 2024 年 1 月，SEC 批准了 11 隻比特幣 ETF，但推遲了 Grayscale 和 BlackRock 的現貨以太坊 ETF 申請的決定。接下來的一個月，美國證券交易委員會也推遲了對 Invesco 和 Galaxy Digital 聯合以太坊 ETF 現貨申請的決定。

The SEC's decision to postpone its decision on the Grayscale Ethereum Futures ETF application has drawn mixed reactions from cryptocurrency investors and enthusiasts. Some have expressed disappointment, while others have welcomed the delay, suggesting that it may allow for greater adoption of Bitcoin ETFs before the launch of Ethereum ETFs.

美國證券交易委員會決定推遲對灰階以太坊期貨 ETF 申請的決定，引起了加密貨幣投資者和愛好者的不同反應。有些人表示失望，而另一些人則對這一延遲表示歡迎，這表明這可能會在以太坊 ETF 推出之前允許更多人採用比特幣 ETF。

"Spot Ethereum ETFs will gather more assets if they launch in December versus if they launch in May," said Matt Hougan, Chief Information Officer of Bitwise, on Twitter. "TradFi needs more time to digest the Bitcoin ETFs."

Bitwise 資訊長 Matt Hougan 在 Twitter 上表示：“與 5 月推出相比，如果 12 月推出貨以太坊 ETF，它們將聚集更多資產。” “TradFi 需要更多時間來消化比特幣 ETF。”

The ongoing delays in the SEC's decision-making process have contributed to negative pressure on the Ethereum market, with the price of Ethereum experiencing a decline of 10.4% over the past week. As of Friday, Ethereum was trading at approximately $3,289, according to Coingecko.

SEC決策過程的持續拖延給以太坊市場帶來了負面壓力，過去一週以太幣價格下跌了10.4%。據 Coingecko 稱，截至週五，以太坊交易價格約為 3,289 美元。

The SEC's postponement of its decision on the Grayscale Ethereum Futures ETF application highlights the ongoing regulatory uncertainty surrounding the approval of cryptocurrency-related investment funds in the United States. It remains unclear whether the SEC will ultimately approve the application, and investors should proceed with caution and consider the potential risks associated with investing in cryptocurrency-related products.

美國證券交易委員會推遲對灰階以太坊期貨 ETF 申請做出決定，凸顯了美國加密貨幣相關投資基金批准方面持續存在的監管不確定性。目前尚不清楚 SEC 最終是否會批准該申請，投資者應謹慎行事，並考慮投資加密貨幣相關產品的潛在風險。