用於納斯達克上HEDERA（HBAR）ETF產品的灰度文件

3月11日，美國證券交易委員會（SEC）承認格雷斯卡（Grayscale）提出的提議將其Hedera ETF列在納斯達克股票。此舉向前邁出了一步，但

The U.S. Securities and Exchange Commission (SEC) has acknowledged Grayscale’s proposal to list its Hedera ETF on Nasdaq. The SEC is now inviting public comments for 21 days on the proposed exchange-traded fund (ETF).

美國證券交易委員會（SEC）已承認，格雷斯卡爾（Grayscale）提出的提議將其Hedera ETF列在納斯達克股票上。 SEC現在邀請公眾對擬議的交易所交易基金（ETF）的評論。

The commission began a 21-day period of comment on March 11, specifically soliciting feedback on Grayscale’s application to list and trade shares of Grayscale Hedera Trust on the Nasdaq Stock Market.

該委員會於3月11日開始了21天的評論，特別是在納斯達克股票市場上的Grayscale Hedera Trust列出和交易股票的申請中徵求了反饋。

If approved, the Hedera ETF will be Grayscale’s sixth altcoin-based investment product. It is currently managing five crypto trusts, including Bitcoin Trust, Ethereum Trust, Litecoin Trust, and Stellar Lumens Trust.

如果獲得批准，Hedera ETF將是Grayscale的第六款基於Altcoin的投資產品。它目前正在管理五個加密信託基金，包括比特幣信託，以太坊信託，萊特幣信託和出色的流明信託基金。

Those trusts are already listed on major exchanges, and the firm is also seeking approval for an Ethereum futures ETF.

這些信託已經在主要交易所上列出，該公司也正在尋求以太坊期貨ETF的批准。

What Is Hedera Hashgraph?

什麼是Hedera Hashgraph？

Hedera is a distributed ledger technology (DLT) platform that uses the hashgraph consensus algorithm. It is a layer-1 blockchain network, similar to Bitcoin and Ethereum.

Hedera是使用標籤共識算法的分佈式分類帳技術（DLT）平台。它是一個類似於比特幣和以太坊的1層區塊鍊網絡。

The Hedera network is powered by the HERA token, which is used for paying fees and securing the network. HERA is an abbreviation for Hashgraph, Enterprise, Records, and Atomic.

Hedera網絡由HERA代幣提供動力，該網絡用於支付費用和確保網絡。赫拉（Hera）是Hashgraph，Enterprise，Records和Atomic的縮寫。

According to CoinMarketCap, Hedera is the 14th largest cryptocurrency with a market cap of $8.28 billion at the time of writing. It is currently trading at $0.197 with a 24-hour volume of $591.8 million.

根據CoinMarketCap的數據，Hedera是第14大加密貨幣，在撰寫本文時市值為82.8億美元。目前，它的交易價格為0.197美元，交易價格為24小時，價格為5.918億美元。

The price of HERA has increased by 3.57% in the past 24 hours, but it is down 18.29% over the past week. The circulating supply of HERA is 42 billion tokens out of a total supply of 50 billion.

在過去的24小時內，HERA的價格上漲了3.57％，但在過去一周中下降了18.29％。 Hera的循環供應量為420億個令牌，總供應500億美元。

CoinCodex's price prediction models estimate that HBAR could reach $0.2305 by the end of March if the market follows an uptrend. The listing of the Grayscale Hedera ETF on Nasdaq could be a catalyst for further price gains.

Concodex的價格預測模型估計，如果市場遵循上升趨勢，則HBAR到3月底可能達到0.2305美元。在納斯達克上的灰度Hedera ETF上市可能是進一步上漲的催化劑。

SEC Seeks Feedback on Hedera ETF

SEC尋求有關Hedera ETF的反饋

The SEC’s acknowledgment of Grayscale’s proposal does not necessarily mean that the agency will approve or reject the ETF.

SEC對Grayscale提案的認可並不一定意味著該機構將批准或拒絕ETF。

The commission is following standard procedure by collecting public input before making a decision. After the 21-day comment period has elapsed, the SEC can choose to approve, deny, or defer the application.

委員會正在遵循標準程序，通過在做出決定之前收集公眾意見。在經過21天的評論期之後，SEC可以選擇批准，拒絕或推遲申請。

Those who wish to submit their comments can do so via the SEC’s website. Members of the public are encouraged to share their thoughts on the potential implications of the Hedera ETF.

那些希望提交評論的人可以通過SEC的網站這樣做。鼓勵公眾分享他們對Hedera ETF的潛在影響的想法。

The SEC is also interested in hearing from any parties who have information relevant to the agency’s decision. For example, the SEC may want to hear from experts in cryptocurrency markets, financial institutions that are considering investing in digital assets, and academics who study the legal and economic aspects of cryptocurrencies.

SEC還有興趣聽取與該機構決定有關的任何當事方的聆聽。例如，SEC可能希望聽取加密貨幣市場的專家，正在考慮投資數字資產的金融機構以及研究加密貨幣的法律和經濟方面的學者。

The agency is particularly interested in feedback on the suitability of the ETF for the investing public and whether the ETF will be priced fairly and efficiently. The SEC will also consider the role of Coinbase Custody Trust Company as custodian of the trust assets.

該機構對ETF對投資公眾的適用性以及ETF的適用性以及ETF的適用性特別感興趣。 SEC還將將Coinbase監護信託公司的作用視為信託資產的保管人。

The news comes as Grayscale ramps up efforts to expand its crypto ETF product suite. Earlier this year, the firm filed an application to list an Ethereum futures ETF with the SEC. The SEC is yet to make a decision on that application.

隨著灰度加強努力擴大其加密ETF產品套件的努力。今年早些時候，該公司提出了向SEC列出以太坊期貨ETF的申請。 SEC尚未對該申請做出決定。

Grayscale’s push for an Hedera ETF comes amid growing demand for cryptocurrency-based financial products. The SEC has already approved several Bitcoin and Ethereum ETFs, signaling the increasing interest from institutional investors in cryptocurrencies.

在對基於加密貨幣的金融產品的需求不斷增長的情況下，Grayscale推動Hedera ETF的推動。 SEC已經批准了幾個比特幣和以太坊ETF，這表明機構投資者對加密貨幣的興趣日益增加。

However, altcoin ETFs are still largely in regulatory limbo. The SEC has been slow to approve applications for altcoin ETFs, despite the growing demand for such products.

但是，AltCoin ETF仍然主要存在於監管困境中。儘管對此類產品的需求不斷增長，但SEC批准了Altcoin ETF的申請緩慢。

If the Hedera ETF is approved, it could pave the way for more altcoin-focused funds to be listed in the U.S. That would open up new investment opportunities for retail and institutional investors.

如果Hedera ETF獲得批准，它可能為在美國列出的更多以Altcoin為中心的資金鋪平了道路，該資金將為零售和機構投資者提供新的投資機會。

It could also help to channel more liquidity into the crypto markets, which could in turn lead to higher prices for cryptocurrencies. The fate of the Hedera ETF now rests in the hands of the SEC.

它還可以幫助將更多的流動性引入加密貨幣市場，這反過來又可能導致加密貨幣的價格更高。 Hedera ETF的命運現在落在SEC的手中。