香港批准了第一個以太坊堆放ETF，為新投資機會打開了大門

香港正在採取措施將自己定位為亞洲首屈一指的數字資產樞紐，並最新批准以太坊樁ETF。

Hong Kong is quickly becoming Asia's premier digital assets hub, and its latest move is the approval of an Ethereum staking ETF.

香港正迅速成為亞洲首要的數字資產中心，其最新舉動是獲得以太坊堆放ETF的批准。

What Happened: The Securities and Futures Commission (SFC) has granted China Asset Management (ChinaAMC) permission to launch a staking-enabled Ethereum ETF in partnership with OSL Digital Securities by May 15.

發生了什麼：美國證券和期貨委員會（SFC）已授予中國資產管理（ChinaAMC）的許可，在5月15日之前與OSL Digital Securities合作啟動了具有積分支持的以太坊ETF。

This approval comes just weeks after the SFC published guidelines allowing licensed virtual asset trading platforms to offer staking services. The regulator is part of Hong Kong's broader strategy to create a thriving digital asset ecosystem.

該批准是在SFC發布的指導方針允許許可的虛擬資產交易平台提供積分服務的幾週後。監管機構是香港創建蓬勃發展的數字資產生態系統的更廣泛戰略的一部分。

ChinaAMC's offering will see their Ether ETF transition from a passive investment product to an active participant in the Ethereum ecosystem, enabling investors to receive proof-of-stake rewards through a familiar investment vehicle.

中國AMC的產品將使他們的ETHER ETF從被動投資產品過渡到以太坊生態系統的活躍參與者，從而使投資者能夠通過熟悉的投資工具獲得了利用證明獎勵。

How The Staking ETF Works: The ETF's technical implementation maintains a clear separation of duties between the key players. OSL Digital Securities, the first insured and SFC-licensed digital asset platform in Hong Kong, will provide custody services with cold storage and insurance coverage.

Staking ETF的工作原理：ETF的技術實施使主要參與者之間的職責明確分開。 OSL Digital Securities是香港的第一個保險和SFC許可的數字資產平台，將提供託管服務，並提供冷藏和保險範圍。

Kiln, a staking platform that powers other blockchain networks including Solana, Aptos and Sui, will manage the validator nodes that perform consensus duties on the Ethereum network while OSL controls the assets and handles reward distribution.

Kiln是一個奠基平台，為其他區塊鍊網絡提供動力，包括Solana，Aptos和Sui，將管理在以太坊網絡上執行共識職責的驗證器節點，而OSL控制資產並處理獎勵分配。

This partnership was finalized on April 10 with the specific goal of bringing Ethereum staking to the market.

該合作夥伴關係於4月10日最終確定，其具體目標是將以太坊的積累推向市場。

"This approach lowers the threshold to participating in Ethereum staking," said Thomas Zhu, head of digital assets at ChinaAMC.

ChineAmc數字資產負責人Thomas Zhu說：“這種方法降低了參加以太坊佔有的門檻。”

All staking rewards generated through this system will accrue to the ETF and be incorporated into its net asset value, directly benefiting the shareholders.

通過該系統產生的所有積分獎勵都將獲得ETF，並將其納入其淨資產價值，直接使股東受益。

The Broader Regulatory Landscape: This isn't the first such approval in Hong Kong. Earlier this month, Bosera International and HashKey Capital Limited jointly launched their own fund with a staking provision, which is expected to become available on April 25.

更廣泛的監管景觀：這不是香港的首次認可。本月初，Bosera International和Hashkey Capital Limited共同啟動了自己的基金，並預計將於4月25日上市。

These approvals align with Hong Kong's comprehensive roadmap for virtual assets. The SFC has introduced a five-pillar framework called "ASPIRe" targeting key aspects of the digital asset ecosystem.

這些批准與香港的虛擬資產綜合路線圖保持一致。 SFC引入了一個五柱框架，稱為“ Aspire”，以數字資產生態系統的關鍵方面為目標。

This framework comprises 12 strategic initiatives designed to foster growth in the sector. The benefits of staking through an ETF are numerous for investors, including the generation of passive income, potentially leading to a compounding effect on returns.

該框架包括12項旨在促進該行業增長的戰略舉措。對於投資者來說，通過ETF賺錢的好處，包括被動收入的產生，可能導致對回報產生更複雜的影響。

Investors will also enjoy greater liquidity compared to directly staked assets and simplified tax reporting.

與直接存放資產和簡化稅收報告相比，投資者還將享有更大的流動性。

For investors unfamiliar with crypto staking, these ETFs offer institutional-grade security with the ETF provider handling the technical aspects, removing barriers to entry that might otherwise deter traditional investors.

對於不熟悉加密貨幣的投資者來說，這些ETF提供機構的安全性，而ETF提供商處理技術方面，消除了可能阻止傳統投資者的進入障礙。

While returns may be somewhat lower due to ETF fees, the trade-off comes with greater convenience and reduced technical knowledge requirements, allowing investors to access these products through standard brokerage accounts.

雖然由於ETF費用，回報可能會降低，但權衡會帶來更大的便利性和減少的技術知識要求，從而使投資者可以通過標準經紀帳戶訪問這些產品。

Hong Kong's forward-thinking approach may influence other jurisdictions as the success of Ethereum ETF staking could pave the way for similar services for other proof-of-stake cryptocurrencies.

香港的前瞻性方法可能會影響其他司法管轄區，因為以太坊ETF的成功可能會為其他商品證明的加密貨幣鋪平道路。

The city's proactive stance is likely to spur further innovation in the region as more ETF providers may seek to incorporate staking into their products to remain competitive and attract investors.

由於更多的ETF提供商可能試圖將其納入其產品以保持競爭力並吸引投資者，因此該市的主動立場可能會刺激該地區進一步的創新。

This development is about more than just staking; it showcases Hong Kong's commitment to building a mature and accessible crypto investment landscape while maintaining appropriate regulatory oversight.

這種發展不僅僅是藏匿處。它展示了香港致力於建立成熟且可訪問的加密投資格局的承諾，同時保持適當的監管監督。

For the Ethereum ecosystem, increased participation in staking will strengthen network security and efficiency. As more ETF products incorporate staking, it could lead to an increase in staked ETH, further decentralizing the network.

對於以太坊的生態系統，增加參與放入將增強網絡安全和效率。隨著越來越多的ETF產品融合了Staging，它可能會導致Staked ETH的增加，從而進一步分散網絡。

The Hong Kong SFC has sent a clear message: they are open for crypto business and committed to fostering responsible innovation in digital assets.

香港SFC傳達了一個明確的信息：他們開放了加密貨幣業務，並致力於促進負責任的數字資產創新。