納斯達克支持Coinshares的XRP和Litecoin ETFS

美國加密交易所交易資金（ETF）的競賽正在加熱，納斯達克正式提交了兩個19b-4申請

Nasdaq Backs CoinShares’ XRP & Litecoin ETFs

納斯達克支持Coinshares的XRP和Litecoin ETFS

Nasdaq filed two 19b-4 applications with the SEC to list and trade shares of CoinShares’ XRP and Litecoin ETFs.

納斯達克向SEC提交了兩項19B-4申請，以列出Coinshares XRP和Litecoin ETF的股票。

Nasdaq took a step further in the crypto ETF race by officially filing two 19b-4 applications with the Securities and Exchange Commission (SEC) to list and trade shares of CoinShares’ XRP and Litecoin ETFs.

納斯達克在加密ETF競賽中進一步邁出了一步，該競賽正式向美國證券交易委員會（SEC）正式提交了兩項19B-4申請，以列出Coinshares的XRP和Litecoin ETF的股票和貿易股份。

The applications were submitted on Monday, March 13, following CoinShares’ filing for regulatory approval with the SEC two weeks ago.

兩週前，Coinshares向SEC申請了法規批准後，該申請於3月13日星期一提交。

Both ETFs will be structured under Nasdaq Rule 5711 (d), which governs commodity-based trust shares. This structure allows investors to gain exposure to XRP and Litecoin without directly owning the assets.

兩種ETF將根據納斯達克規則5711（d）進行結構，該規則管理基於商品的信託股份。這種結構使投資者能夠在不直接擁有資產的情況下獲得XRP和LiteCoin的風險。

The CSC Delaware Trust Company will serve as the trustee, while CoinShares will act as the sponsor. A third-party custodian, which is yet to be disclosed, will hold the XRP and Litecoin reserves for the ETFs.

CSC特拉華信託公司將擔任受託人，而Coinshares將擔任贊助商。尚未披露的第三方保管人將為ETF持有XRP和Litecoin儲備。

As per the applications, only authorized participants will be permitted to create and redeem shares in blocks of 5,000, ensuring that the ETFs maintain their intended market structure.

根據申請，僅允許授權參與者在5,000個塊中創建和兌換股票，以確保ETF保持其預期的市場結構。

XRP and Litecoin ETFs: The Next Big Crypto Investment?

XRP和Litecoin ETFS：下一個大加密投資？

Spot crypto ETFs are gaining steam in the U.S., following the approval of Bitcoin (BTC) spot ETFs. Now, asset managers are pivoting to launch XRP, Litecoin, and other crypto ETFs to meet the growing demand for regulated crypto investment products.

在比特幣（BTC）SPOT ETF批准後，現場加密ETF正在美國獲得蒸汽。現在，資產管理人員正在樞紐推出XRP，Litecoin和其他加密ETF，以滿足對受監管的加密投資產品不斷增長的需求。

Both ETFs will passively track the Compass Crypto Reference Indexes, which are designed to reflect the performance of XRP and Litecoin against the broader crypto market.

兩種ETF將被動地跟踪Compass Crypto參考索引，旨在反映XRP和Litecoin在更廣泛的加密市場上的性能。

In addition to Nasdaq's applications, the Cboe BZX Exchange also filed four 19b-4 applications to list XRP ETFs from various issuers, including Bitwise, 21Shares, WisdomTree, and Canary Capital.

除了納斯達克的應用程序外，CBOE BZX Exchange還提交了四個19b-4應用程序，以列出來自各種發行人的XRP ETF，包括位，21shares，WisdomTree和Canary Capital。

Why Litecoin Could Be the Next Spot ETF Approval

為什麼萊特幣可以成為下一個ETF批准

The SEC has never classified Litecoin (LTC) as an unregistered security, which could bode well for its approval as a spot ETF.

SEC從未將Litecoin（LTC）歸類為未註冊的安全性，這可以很好地尊重其作為現場ETF的批准。

Moreover, Litecoin was created as a Bitcoin fork and shares key characteristics, such as a decentralized network and proof-of-work consensus, which could strengthen its regulatory standing.

此外，萊特幣是作為比特幣叉創建的，並具有關鍵特徵，例如分散的網絡和工作證明共識，可以增強其監管地位。

Bloomberg ETF analyst Eric Balchunas also highlighted Litecoin's strong candidacy, owing to its regulatory clarity and deep market liquidity, which could lead to swift approval.

彭博ETF分析師埃里克·巴爾庫納斯（Eric Balchunas）還強調了萊特幣（Litecoin）的強大候選人資格，這是由於其監管清晰度和深厚的市場流動性，這可能會迅速獲得批准。

Top Bloomberg ETF analyst predicts Litecoin could be next in line for SEC approval for a crypto spot ETF. Several applications, including those for XRP ETFs, are still pending.

頂級彭博ETF分析師預測，Litecoin可能是Crypto Spot ETF的SEC批准的下一個。幾種應用程序，包括XRP ETF的應用程序仍在待處理中。

With Nasdaq, Cboe, and multiple issuers in the race, the approval of XRP and Litecoin ETFs would be a significant development in crypto's integration with traditional finance.

隨著納斯達克，CBOE和多個發行人的比賽，XRP和Litecoin ETF的批准將是加密貨幣與傳統金融的一體化的重大發展。

As the SEC continues to review these applications, investors, asset managers, and crypto enthusiasts are keeping a close eye on the regulatory decisions, which could pave the way for broader crypto ETF adoption in the U.S.

隨著SEC繼續審查這些申請，投資者，資產管理人員和加密助人愛好者正在密切關注監管決策，這可能為美國的更廣泛的加密ETF鋪平道路