XRP ETF的樂觀越來越樂觀：潛在的影響和市場影響

加密貨幣市場是一種經常取決於其快速進化和監管不確定性所定義的景觀，目睹了XRP的看法發生了重大轉變

The cryptocurrency market, a landscape often defined by its rapid evolution and regulatory uncertainties, is now showing signs of a significant shift in perception regarding the possibility of a spot XRP exchange-traded fund (ETF) being approved.

加密貨幣市場通常是由於其快速發展和監管不確定性所定義的景觀，現在顯示出對現貨XRP交易所交易基金（ETF）被批准的可能性發生的顯著轉變的跡象。

According to Nate Geraci, president of investment advisory firm The ETF Store, the approval of an XRP ETF is not a matter of “if,” but “when.” This sentiment is shared by many industry analysts, who have come to recognize the potential implications of such an event.

據投資諮詢公司ETF商店總裁Nate Geraci稱，XRP ETF的批准不是“ if”的問題，而是“何時”。許多行業分析師都分享了這種觀點，他們已經認識到了此類事件的潛在影響。

The prospect of a spot XRP ETF has ignited a wave of excitement within the cryptocurrency community, fueled by the recent legal victories and the increasing acceptance of cryptocurrency ETFs by regulatory bodies.

XRP ETF的現場前景激發了加密貨幣社區內的一波興奮，這是由於最近的法律勝利以及監管機構對加密貨幣ETF的接受而推動的。

Also Read: Bitcoin Price Today: BTC/USD Remains Above $50,000 Despite Market Turbulence

另請閱讀：今天的比特幣價格：儘管市場動盪，BTC/USD仍然超過50,000美元

This optimism is shared by Nate Geraci, who asserts that the approval of an XRP ETF is "simply a matter of time." Geraci's confidence stems from the recent announcement by Ripple CEO Brad Garlinghouse.

內特·格拉奇（Nate Geraci）共同表示了這種樂觀，他斷言XRP ETF的批准是“時間問題”。 Geraci的信心源於Ripple首席執行官Brad Garlinghouse最近宣布的。

During an interview on the "All About Impact" podcast, Geraci highlighted the fact that the U.S. Securities and Exchange Commission (SEC) will be dropping its long-running lawsuit against Ripple, the issuer of XRP.

在接受“全部影響”播客的採訪中，Geraci強調了這樣一個事實，即美國證券交易委員會（SEC）將放棄針對XRP發行人Ripple的長期訴訟。

This development, which effectively removes a significant regulatory cloud hanging over XRP, has paved the way for more favorable consideration of an XRP ETF.

這種開發有效地消除了XRP上懸掛的重要調節雲，為更有利的考慮XRP ETF鋪平了道路。

The SEC's decision to drop the lawsuit, which alleged that Ripple breached U.S. securities law in its sale of XRP, signals a potential shift in the regulatory landscape for cryptocurrencies. A U.S. judge's ruling last year, which stated that XRP sold on centralized crypto exchanges did not constitute a securities offering, further bolsters this sentiment.

SEC決定放棄訴訟的決定，該訴訟稱Ripple在出售XRP時違反了美國證券法，這表明了加密貨幣的監管景觀可能發生了可能的轉變。去年，美國法官的裁決表示，在集中的加密交易所出售的XRP並不構成證券提供，這是這種觀點。

The approval of a spot XRP ETF would represent a significant milestone for the cryptocurrency market, potentially unlocking a new wave of institutional investment and driving up demand for XRP.

XRP ETF的批准將代表加密貨幣市場的重要里程碑，有可能釋放機構投資的新浪潮並推動對XRP的需求。

Joining Bitcoin and Ethereum, which have already seen the approval of spot ETFs, XRP would gain access to a broader pool of investors, including those who prefer the regulated and familiar structure of ETFs.

加入比特幣和以太坊（已經看到了現貨ETF的批准），XRP將獲得更廣泛的投資者，包括那些喜歡ETF的受監管和熟悉結構的人。

The impact of an XRP ETF could be substantial. According to estimates by Northstake, a virtual asset service provider, investors could pour up to $800 million into XRP ETFs in the first week of trading.

XRP ETF的影響可能很大。根據虛擬資產服務提供商Northstake的估計，在交易的第一周，投資者可以向XRP ETF傾注高達8億美元。

Moreover, JPMorgan predicts that XRP funds could attract $8 billion in their first year. These projections highlight the significant demand for XRP ETFs and the potential for these funds to drive up the price of XRP.

此外，摩根大通（JPMorgan）預測，XRP基金在第一年可能會吸引80億美元。這些預測凸顯了對XRP ETF的重大需求，以及這些資金提高XRP價格的潛力。

The increased liquidity and accessibility offered by ETFs would make XRP more attractive to institutional investors, who often prefer regulated investment vehicles.

ETF提供的流動性和可及性增加將使XRP對經常更喜歡受監管的投資工具的機構投資者更具吸引力。

The potential involvement of major ETF issuers, such as BlackRock and Fidelity, is a crucial factor in the success of XRP ETFs. These firms, which have already pioneered the spot Bitcoin and Ethereum ETFs, possess the expertise and resources to launch successful XRP funds.

主要ETF發行人（例如貝萊德和忠實）的潛在參與是XRP ETF成功的關鍵因素。這些公司已經開創了現貨比特幣和以太坊ETF的公司，擁有推出成功的XRP資金的專業知識和資源。

In an interview with Blockworks, Nate Geraci expressed his belief that these major ETF issuers are likely to ignore the potential of XRP ETFs. "The largest ETF issuers aren't going to ignore this," stated Geraci, highlighting the growing recognition of XRP's potential as an investment asset.

Nate Geraci在接受Blockworks的採訪中表示，他相信這些主要ETF發行人可能會忽略XRP ETF的潛力。 Geraci說：“最大的ETF發行人不會忽略這一點。”他強調了人們對XRP作為投資資產的潛力的認識日益認識。

However, the involvement of these firms is not guaranteed. Back in July, Samara Cohen, BlackRock's chief investment officer for ETF and index investments, mentioned that other than Bitcoin and Ethereum, no cryptocurrency met the firm's criteria for an ETF.

但是，不能保證這些公司的參與。早在7月，BlackRock的ETF和Index Investments首席投資官Samara Cohen提到，除了比特幣和以太坊外，沒有加密貨幣符合ETF的公司標準。

It remains to be seen whether this stance has changed since the recent legal developments.

自最近法律發展以來，這種立場是否發生了變化還有待觀察。

The SEC's decision on XRP ETF applications is a critical factor in the timeline of their potential launch. The regulatory body is currently reviewing five XRP ETF applications, with a deadline of mid-October to make a decision.

SEC對XRP ETF應用程序的決定是其潛在發佈時間表的關鍵因素。監管機構目前正在審查五個XRP ETF應用程序，並在10月中旬進行決定。

The chances of SEC approval have soared in recent weeks, with Polymarket, a crypto prediction platform, reporting an 87% probability of approval this year.

最近幾週，與加密貨幣預測平台Polymarket有關SEC批准的機會飆升，今年報告了87％的批准概率。

This represents the highest probability ever recorded on the platform, signaling the growing optimism surrounding XRP ETFs.

這代表了平台上記錄的最高概率，這表明圍繞XRP ETF的樂觀情緒增長。

The potential for a more crypto-friendly regulatory climate under a second term of US President Donald Trump is also contributing to the growing optimism. Trump's past statements and policies suggest a more favorable approach to cryptocurrencies, which could expedite the approval process for XRP ETFs.

在美國總統唐納德·特朗普（Donald Trump）的第二個任期下，在更加樂觀的情況下，可能會出現更友好的監管氣候的潛力。特朗普的過去聲明和政策提出了一種更有利的加密貨幣方法，這可以加快XRP ETF的批准過程。

The potential approval of XRP ETFs occurs within the broader context of the growing acceptance of cryptocurrency ETFs by regulatory bodies. The SEC's approval of spot Bitcoin and Ethereum ETFs has paved the way for other cryptocurrencies to follow suit.

XRP ETF的潛在批准發生在監管機構對加密貨幣ETF接受日益增長的廣泛背景下。 SEC對現場比特幣和以太坊ETF的認可為其他加密貨幣效仿為鋪平了道路。

The emergence of cryptocurrency ETFs represents a significant step in the mainstream adoption of digital assets. These funds provide investors with a regulated and familiar way to gain exposure to cryptocurrencies, without the need to directly purchase and store the underlying assets.

加密貨幣ETF的出現代表了數字資產主流採用的重要一步。這些資金為投資者提供了一種受管制且熟悉的方式，以獲取加密貨幣，而無需直接購買和存儲基礎資產。

The success of Bitcoin and Ethereum ETFs has demonstrated the demand for these investment vehicles and the potential for them to drive up the price of cryptocurrencies. As the regulatory landscape continues to evolve, more cryptocurrencies are likely to seek ETF approval.

比特幣和以太坊ETF的成功表明了對這些投資工具的需求，並有可能提高加密貨幣的價格。隨著監管格局的不斷發展，更多的加密貨幣可能會尋求ETF批准。

Despite the growing optimism

儘管越來越樂觀