SEC 推遲灰階以太坊信託 ETF 決定；加密產業對手錶的影響

由於需要更多時間來考慮該提案並解決問題，SEC 再次推遲了對 Grayscale 以太坊期貨信託 ETF 的決定，將截止日期延長至 5 月 30 日。此次延遲是在灰階創新產品一系列延遲和公眾意見徵求之後發生的，該產品主要投資於以太坊期貨合約。

SEC Postpones Decision on Grayscale Ethereum Futures Trust ETF; Implications for Crypto Industry Explored

SEC 延遲對灰階以太坊期貨信託 ETF 做出決定；探討對加密產業的影響

The United States Securities and Exchange Commission (SEC) has once again deferred its decision regarding the approval of the Grayscale Ethereum Futures Trust exchange-traded fund (ETF). The initial deadline for a determination was March 31, but the SEC has extended the review period to May 30, citing the need for additional time to scrutinize the proposed rule change and address concerns raised during the public comment period.

美國證券交易委員會（SEC）再次推遲批准灰階以太坊期貨信託交易所交易基金（ETF）的決定。最初做出決定的截止日期是 3 月 31 日，但 SEC 將審查期延長至 5 月 30 日，理由是需要更多時間來審查擬議的規則變更並解決公眾評議期間提出的擔憂。

Background of the Delay

延遲的背景

This delay marks the latest in a series of postponements and solicitations for public input regarding Grayscale's innovative product, which seeks to provide investors with exposure to Ethereum futures contracts. Grayscale formally submitted an application in September 2023 to list and trade shares of its Ethereum Futures Trust ETF under New York Stock Exchange Arca Rule 8.200-E.

這次延遲標誌著灰階創新產品一系列推遲和徵求公眾意見的最新事件，該產品旨在為投資者提供以太坊期貨合約的曝險。 Grayscale 於 2023 年 9 月正式提交申請，根據紐約證券交易所 Arca 規則 8.200-E 上市和交易其以太坊期貨信託 ETF 的股票。

Strategic Implications

戰略意義

Industry observers have suggested that Grayscale's futures ETF strategy may be a calculated move to potentially pave the way for the approval of its spot Ether ETF. The SEC's recent greenlighting of spot Bitcoin ETFs could bolster Grayscale's case for a spot Ether ETF.

產業觀察家表示，Grayscale 的期貨 ETF 策略可能是經過深思熟慮的舉措，可能為其現貨以太 ETF 的批准鋪平道路。美國證券交易委員會最近批准了現貨比特幣 ETF，這可能會支持 Grayscale 推廣出現貨以太坊 ETF 的理由。

Increased Scrutiny on Crypto ETFs

加強對加密貨幣 ETF 的審查

The crypto industry is closely monitoring the SEC's regulatory actions, particularly regarding Bitcoin and Ethereum-based ETFs, as they could foreshadow the future of cryptocurrency investments in the United States. Following the approval of spot Bitcoin ETFs, there is both anticipation and apprehension regarding the SEC's stance on Ethereum and other crypto-based ETFs.

加密產業正在密切關注 SEC 的監管行動，特別是關於比特幣和基於以太坊的 ETF 的監管行動，因為它們可能預示著美國加密貨幣投資的未來。在現貨比特幣 ETF 獲得批准後，人們對 SEC 對以太坊和其他基於加密貨幣的 ETF 的立場既期待又擔心。

Broader Impact on the Industry

對產業更廣泛的影響

The SEC's evaluation of other Ethereum ETF applications filed by asset management behemoths such as BlackRock and Fidelity has also encountered delays. This collective postponement reflects the SEC's cautious and thorough approach towards crypto ETFs, potentially shaping the regulatory landscape for cryptocurrency investment products in the United States.

美國證券交易委員會對貝萊德和富達等資產管理巨頭提交的其他以太坊 ETF 申請的評估也遇到了延誤。此次集體延後反映了 SEC 對加密 ETF 的謹慎和徹底態度，可能會影響美國加密貨幣投資產品的監管格局。

Conclusion

結論

As the SEC continues its deliberations on Grayscale's Ethereum Futures Trust ETF, the cryptocurrency community anxiously awaits the outcome, recognizing its potential impact on the future of crypto investments and the broader acceptance of cryptocurrency within the U.S. financial ecosystem. The SEC's decision is expected to have significant ramifications for the crypto industry, influencing the development and regulation of crypto-based investment products in the United States.

隨著 SEC 繼續審議 Grayscale 的以太坊期貨信託 ETF，加密貨幣社群焦急地等待結果，認識到其對加密貨幣投資的未來以及美國金融生態系統內對加密貨幣更廣泛接受的潛在影響。 SEC 的決定預計將對加密產業產生重大影響，影響美國基於加密的投資產品的開發和監管。