SEC確認的灰度Cardano Trust ETF提案，時鐘開始批准

美國證券交易委員會已代表Crypto Asset Manager Grayscale列出和交易現貨Cardano交換基金（ETF）的紐約證券ARCA的提案。

NYSE Arca’s proposal on behalf of crypto asset manager Grayscale to list and trade a spot Cardano exchange-traded fund (ETF) has been acknowledged by the US Securities and Exchange Commission.

NYSE ARCA代表Crypto Asset Manager Grayscale提出的提議列出和交易現貨Cardano交易所交易基金（ETF）已得到美國證券交易委員會的認可。

The SEC's Feb. 24 acknowledgment of the Grayscale Cardano Trust is the first step toward approval, kicking off the agency's timeline to approve or reject the proposed ETF.

美國證券交易委員會（SEC）2月24日對灰度卡達諾信託基金會（Grayscale Cardano Trust）的確認是批准的第一步，啟動了該機構的時間表批准或拒絕擬議的ETF。

The SEC has received a slew of crypto ETF acknowledgments under the new leadership, including Cboe's XRP ETF, Grayscale's spot XRP and Dogecoin ETF, and Nasdaq's filing to set and exercise limits on options tied to BlackRock's iShares Bitcoin Trust (IBIT).

SEC在新領導下獲得了一系列的加密ETF承認，包括CBOE的XRP ETF，Grayscale的Spot XRP和Dogecoin ETF，以及Nasdaq的文件，以設置與與Blackrock的Ishares Bitshares Bitcoin Trust（IBIT）相關選項的限制和行使限制。

NYSE Arca, a subsidiary of the NYSE Group, first filed a proposal with the SEC to list and trade shares of the Grayscale Cardano Trust on the stock exchange on Feb. 10.

紐約證券交易所集團的子公司紐約證券交易所ARCA首先向SEC提出了一項提案，要求2月10日在證券交易所的Grayscale Cardano Trust的股票和交易股份。

The proposed ETF will follow Cardano's price through an index that tracks its daily price on crypto exchanges Coinbase, Crypto.com, Bitfinex and Kraken.

擬議的ETF將遵循Cardano的價格，該指數跟踪其在加密貨幣Coinbase，Crypto.com，Bitfinex和Kraken上的每日價格。

The exchanges were selected for the index based on being “in material compliance with applicable US federal and state licensing requirements.”

根據“符合適用的美國聯邦和州許可要求的物質遵守”而選擇了該指數的交易所。

Investors in the ETF will not hold Cardano (ADA) directly but will have shares in the trust.

ETF的投資者將不會直接持有Cardano（ADA），但將擁有該信託的股份。

“An investment in the Shares is not a direct investment in ADA; the Shares are designed to provide investors with a cost-effective and convenient way to gain investment exposure to ADA,” the filing states.

“對股票的投資不是對ADA的直接投資；該股票旨在為投資者提供一種具有成本效益，方便的方式，以獲取對ADA的投資。”

Coinbase Custody Trust Company is set to be the custodian for the exchange-traded fund, while BNY Mellon Asset Servicing will be the transfer agent and administrator.

Coinbase監護信託公司將成為交易所交易基金的託管人，而BNY Mellon Asset Servicating將是轉讓代理和管理員。

notably, Bitfinex does not hold any licenses or registrations in the US but was included because it met the “minimum liquidity requirement.”

值得注意的是，Bitfinex在美國沒有任何許可或註冊，而是因為它滿足了“最低流動性要求”。

A wave of ETF applications filed

提交的ETF應用浪潮

Crypto-themed ETF applications have hit the scene following the inauguration of crypto-friendly US President Donald Trump,

以加密為主題的ETF申請在美國總統唐納德·特朗普就職典禮後啟動了現場

On Feb. 24, United States securities exchange Nasdaq filed to list an ETF that will hold the Hedera Network’s native token, HBAR.

2月24日，美國證券交易所納斯達克（NASDAQ）列出了將持有Hedera Network的本地令牌HBAR的ETF。

Meanwhile, the SEC acknowledged half a dozen exchange filings related to cryptocurrency ETFs in two days on Feb. 19 and 20, covering staking, options, in-kind redemptions and new types of altcoin funds.

同時，SEC承認在2月19日至20日的兩天內與加密貨幣ETF相關的六份交換文件，涵蓋了Sticking，選擇，選擇，實物兌換和新型AltCoin基金。