Ripple：Blackrock可能會加入XRP ETFS Race

急切地等待XRP ETF發布的投資者開始變得顯而易見。 SEC批准的時間表

Investors are eagerly awaiting the release of an XRP ETF, and the timeline for its approval by the SEC, the US financial regulator, is becoming clearer, which could help investors position themselves optimally.

投資者急切地等待發布XRP ETF的發布，美國金融監管機構SEC批准的時間表正在變得更加清晰，這可以幫助投資者最佳地定位自己。

To date, the SEC has received at least fifteen applications for XRP Spot ETF from Grayscale, Franklin Templeton, WisdomTree, and Bitwise.

迄今為止，SEC至少收到了Grayscale，Franklin Templeton，WisdomTree和Bitwise的XRP Spot ETF的至少15個申請。

According to ETF Shop president Nate Geraci, the fate of the iShares Solana ETF, also known as the “trust,” is now in the hands of the Securities and Exchange Commission (SEC). Geraci added that BlackRock might submit its proposal for the Solana ETF at any moment. He also observes the financial behemoth dabbling in cryptocurrency index exchange-traded funds (ETFs).

根據ETF商店總裁Nate Geraci的說法，Ishares Solana ETF的命運（也稱為“信託”）現在掌握在證券交易委員會（SEC）的手中。 Geraci補充說，BlackRock可能隨時提交其對Solana ETF的建議。他還觀察到了加密貨幣交易所交易基金（ETF）中的金融龐然大物。

The conclusion of the Securities and Exchange Commission (SEC).

證券交易委員會（SEC）的結論。

The financial giant is recognized for its vast institutional holdings and is currently seeking approval for several crypto ETFs, with the Solana ETF being a primary focus. As the SEC deliberates over the fate of the iShares Solana ETF, the crypto sphere is holding its breath.

這家金融巨頭因其龐大的機構持有而受到認可，目前正在尋求批准幾個加密ETF，而Solana ETF是主要重點。當SEC仔細考慮Ishares Solana ETF的命運時，加密球體正在屏住呼吸。

The crypto community is eagerly awaiting the approval of exchange-traded funds (ETFs) with an XRP focus and the unfolding of the legal dispute between Ripple Labs and the Securities and Exchange Commission (SEC). Both of these events are approaching a turning point, which could have a collective impact on the fate of the Ripple-based token.

加密社區正在急切地等待以XRP重點的交易所交易基金（ETF）的批准，以及Ripple Labs與證券交易委員會（SEC）之間的法律糾紛的展開。這兩個事件都在接近一個轉折點，這可能會對基於波紋的令牌的命運產生集體影響。

The SEC has been sued by Grayscale to accept its application for a Bitcoin ETF, and the administrative law judge presiding over the case has scheduled a hearing for August 25.

SEC已被Grayscale起訴接受其對比特幣ETF的申請，主持此案的行政法法官計劃於8月25日舉行聽證會。

If the judge rules in favor of Grayscale, it could pave the way for the approval of several other cryptocurrency ETFs, including those from Franklin Templeton, WisdomTree, and Bitwise, in addition to the single-asset bitcoin ETFs from several other companies.

如果法官統治著贊成灰度的人，除了來自其他幾家公司的單書比特幣ETF之外，它還可以為其他幾個加密貨幣ETF（包括來自富蘭克林·鄧普頓（Franklin Templeton），智慧特里（Wisdomtree）和比特）的批准鋪平道路。

Following a favorable court ruling, the Ripple token could see a shift in market value.

經過有利的法院裁決，Ripple代幣可能會看到市場價值的變化。

The analysis by Arcane Research suggests that if ETFs are allowed and institutional demand reaches the levels seen after the launch of Bitcoin futures contracts in early 2024, XRP could reach a market capitalization of $ 200 billion.

奧術研究的分析表明，如果允許ETF，並且在2024年初簽訂了比特幣期貨合約後，機構需求達到了水平，則XRP可以達到2000億美元的市值。

There have been rumors that the SEC is withdrawing its appeal in the Ripple case; internal debates seem to center on XRP being classified as a commodity rather than a security.

有傳言稱，SEC在連鎖案中撤回了上訴。內部辯論似乎以XRP歸類為商品而不是安全性。

A classification like this would enable XRP to be associated with commodities like gold or oil, possibly circumventing some of the regulations that are currently in place for securities.

這樣的分類將使XRP能夠與黃金或石油等商品相關聯，可能規避當前證券的某些法規。

The agency's stance on the matter is crucial, as it could determine the fate of several pending ETF applications from various asset managers.

該機構對此事的立場至關重要，因為它可以確定各種資產經理的幾個未決ETF申請的命運。

In its brief, Ripple now addresses the SEC’s accusations and possibly sets the stage for a decision.

Ripple在簡要介紹中，現在解決了SEC的指控，並可能為決定奠定了基礎。

In addition to the court cases, the cryptocurrency investment community is keeping a close eye on the progress of ETFs that focus on XRP.

除法院案件外，加密貨幣投資界還密切關注著專注於XRP的ETF的進度。

After March 12, 2025, nine businesses, including well-known asset managers Franklin Templeton, Bitwise, ProShares, and Grayscale, submitted applications to the SEC to develop XRP ETFs.

2025年3月12日之後，九家企業，包括著名的資產經理富蘭克林·鄧普頓（Franklin Templeton），Bitwise，Proshares和Grayscale，向SEC提交了申請，以開發XRP ETF。

These financial products aim to give institutional and individual investors controlled exposure to XRP, increasing its availability and potentially market liquidity.

這些金融產品旨在使機構和個人投資者控制XRP的風險，從而增加其可用性和潛在的市場流動性。

Grayscale flings to convert its current XRP Trust into an ETF—a conscious reaction to the changing regulatory landscape and investor demand. The SEC’s position in this area is cautious but generally positive.

灰度範圍將其當前的XRP信託轉換為ETF，這是對不斷變化的監管格局和投資者需求的有意識的反應。 SEC在這一領域的地位謹慎，但通常是積極的。

The current U.S. government’s overall pro-cryptocurrency stance and the agency’s acceptance of the applications have raised hopes for quick approval, even though no licenses have been issued yet.

即使尚未簽發許可證，美國政府現任政府的總體支持貨幣立場以及該機構對申請的接受也提出了快速批准的希望。