富達擁抱以太坊質押，為 ETF 投資者釋放收入來源

富達已將以太坊質押納入其先前提議的現貨以太坊 ETF 中，使投資者能夠產生額外收入。該修正案引發了 Lido DAO 價格的短暫上漲，但並未對整體市場低迷產生重大影響。美國證券交易委員會即將對以太坊 ETF（包括富達的 ETF）做出的決定仍然不確定，最近批准的可能性正在下降。

Fidelity Integrates Ethereum Staking in ETF Proposal: Unlocking Additional Revenue Streams

富達將以太坊質押納入 ETF 提案：釋放額外收入來源

In a significant development within the realm of cryptocurrency investments, investment behemoth Fidelity has amended its proposal for a spot Ethereum exchange-traded fund (ETF) to incorporate Ethereum staking, a mechanism that enables investors to generate additional income through locking up their assets to support blockchain networks. The proposed amendment, submitted to the United States Securities and Exchange Commission (SEC) on March 18, 2023, marks a notable shift in Fidelity's approach to cryptocurrency investment, emphasizing the growing interest in staking among institutional investors.

在加密貨幣投資領域的一項重大發展中，投資巨頭富達修改了其關於以太坊現貨交易所交易基金（ETF）的提案，將以太坊質押納入其中，該機制使投資者能夠通過鎖定資產來產生額外收入以支援區塊鏈網路。該擬議修正案於 2023 年 3 月 18 日提交給美國證券交易委員會 (SEC)，標誌著富達投資加密貨幣投資方式的顯著轉變，強調機構投資者對質押的興趣日益濃厚。

Fidelity's Staking Provision: Maximizing Investor Returns

富達的質押條款：最大化投資者回報

The revised proposal outlines Fidelity's intention to allocate a portion of the ETF's Ethereum assets to staking, a process that involves locking up digital assets to validate transactions and maintain the security of the blockchain network. While the proposal does not specify the staking providers or the exact amount of assets earmarked for staking, it nevertheless represents a strategic move to enhance the income-generating potential of the ETF.

修訂後的提案概述了富達打算將 ETF 的部分以太坊資產分配給質押，這一過程涉及鎖定數位資產以驗證交易並維護區塊鏈網路的安全。儘管該提案沒有具體說明質押提供者或指定用於質押的確切資產數量，但它仍然是增強 ETF 創收潛力的策略舉措。

This amendment by Fidelity is a testament to the burgeoning interest in staking among investment firms. Earlier in February, Ark 21Shares unveiled similar plans for its proposed Ethereum fund, followed by Franklin Templeton joining the race to incorporate staking into its Ethereum ETF to augment investor returns.

富達的這項修正案證明了投資公司對質押的興趣日益濃厚。 2 月初，Ark 21Shares 公佈了其擬議的以太坊基金的類似計劃，隨後富蘭克林鄧普頓也加入了將質押納入其以太坊 ETF 的競賽，以增加投資者回報。

Market Response: Lido DAO's Price Surge

市場反應：Lido DAO 價格飆升

The market responded swiftly to Fidelity's amendment, particularly Lido DAO, a prominent Ethereum staking provider. According to data from TradingView, Lido DAO's price experienced a momentary surge of 6% from $2.48 to $2.56 before settling back to $2.49. Despite this brief uptick, Lido DAO's price has declined by approximately 27% over the past week, mirroring a broader downturn in the Ethereum market.

市場對富達的修正案反應迅速，尤其是著名的以太坊質押提供者 Lido DAO。根據 TradingView 的數據，Lido DAO 的價格短暫上漲 6%，從 2.48 美元升至 2.56 美元，然後又回落至 2.49 美元。儘管短暫上漲，Lido DAO 的價格在過去一周仍下跌了約 27%，反映出以太坊市場更廣泛的低迷。

SEC's Decision: A Long-Awaited Verdict

SEC 的決定：期待已久的判決

Fidelity's proposed ETF joins a growing list of eight Ethereum ETF applications currently under review by the SEC. This list includes leading firms such as BlackRock, ARK Invest, and Grayscale. The approval of these ETFs hinges on a decision by the SEC, which is expected by May 23, 2023. If the SEC fails to deliver a decision by this deadline, these firms will be required to refile their applications.

富達擬議的 ETF 加入了目前正在接受 SEC 審查的八個以太坊 ETF 申請的名單，該申請還在增加。該名單包括 BlackRock、ARK Invest 和 Grayscale 等領先公司。這些 ETF 的批准取決於 SEC 的決定，預計該決定將於 2023 年 5 月 23 日之前做出。如果 SEC 未能在此截止日期前做出決定，這些公司將被要求重新提交申請。

Uncertainty Looms: SEC's Stance on Ethereum ETFs

不確定性迫在眉睫：SEC 對以太坊 ETF 的立場

However, the outlook for the approval of a spot Ethereum ETF remains uncertain. Bloomberg ETF analyst Eric Balchunas has noted a significant decrease in the likelihood of approval, dropping from 70% in January to 35%. He attributed this decline to the SEC's silence towards fund issuers and political opposition to SEC Chair Gary Gensler.

然而，現貨以太坊 ETF 獲得批准的前景仍不確定。彭博 ETF 分析師 Eric Balchunas 指出，批准的可能性大幅下降，從 1 月的 70% 降至 35%。他將這一下降歸因於 SEC 對基金發行人的沉默以及對 SEC 主席加里·根斯勒 (Gary Gensler) 的政治反對。

Fidelity's Staking Strategy: A Commitment to Innovation

富達的質押策略：對創新的承諾

The decision to include staking in its Ethereum ETF signals Fidelity's commitment to exploring new avenues in cryptocurrency investments. The upcoming decision by the SEC will play a pivotal role in shaping the future of cryptocurrency ETFs and their integration into mainstream investment portfolios.

將質押納入以太坊 ETF 的決定標誌著富達致力於探索加密貨幣投資新途徑。美國證券交易委員會即將做出的決定將在塑造加密貨幣 ETF 的未來及其融入主流投資組合方面發揮關鍵作用。

Scrutiny Intensifies: SEC's Stance on Ethereum ETFs

審查加劇：SEC 對以太坊 ETF 的立場

In light of insights from John Lo of Recharge Capital, the future of Ethereum ETFs, including Fidelity's amended proposal, appears increasingly uncertain. Lo emphasizes the heightened scrutiny that the SEC is likely to apply to Ethereum ETFs, distinct from its approach to Bitcoin ETFs, given the unique characteristics and regulatory complexities associated with Ethereum.

根據 Recharge Capital 的 John Lo 的見解，以太坊 ETF 的未來，包括 Fidelity 的修改提案，似乎越來越不確定。 Lo 強調，鑑於以太坊的獨特特徵和監管複雜性，美國證券交易委員會可能會對以太坊 ETF 實施與比特幣 ETF 不同的嚴格審查。

Disclaimer:

免責聲明：

This article is intended for informational purposes only and should not be construed as financial advice. It is crucial to conduct thorough research and consult qualified professionals before making any investment decisions. The cryptocurrency market is highly volatile and involves significant risks.

本文僅供參考，不應視為財務建議。在做出任何投資決定之前，進行徹底的研究並諮詢合格的專業人士至關重要。加密貨幣市場波動性很大，有重大風險。