美國證券交易委員會（SEC）延遲了Vaneck要求對現貨比特幣ETF應用程序的實物創作的決定

該決定還影響了智慧樹，並擴展到了以太坊ETF產品。資產經理在去年批准了現貨比特幣和以太坊ETF產品之前，承認了這種救贖模型。

The US Securities and Exchange Commission (SEC) has postponed its decision on considering applications for In-Kind creations for the spot Bitcoin ETF.

美國證券交易委員會（SEC）已將其決定在考慮現貨比特幣ETF的實物創作的申請上做出了決定。

The regulator will now decide on June 3, extending the prior deadline of May 3. The SEC is also expected to announce its verdict on the spot Ethereum ETF offering from WisdomTree at the same time.

監管機構現在將於6月3日做出決定，延長了5月3日的先前截止日期。還預計，SEC還將宣布其對以太坊ETF的判決，同時又從WisdomTree宣布。

Earlier, asset managers had stated that they would prefer a standard cash creation and redemption model for the flagship cryptocurrency ETF. However, the SEC had shot down the applications.

早些時候，資產管理人員表示，他們希望為旗艦加密貨幣ETF提供標準的現金創造和贖回模型。但是，SEC擊落了申請。

Now, after the approval of the futures Bitcoin and Ethereum ETFs last year, the asset managers have renewed their push for the In-Kind creations.

現在，在去年的期貨比特幣和以太坊ETF批准後，資產管理者重新推動了實物創作的推動。

SEC To Decide On Applications For In-Kind Creates On June 3- Report

SEC決定在6月3日的報告中創建實物的申請

The market regulator will decide on applications for In-Kind creation and redemption of the spot Bitcoin and Ethereum ETFs on June 3, a legal consultant has said.

一位法律顧問說，市場監管機構將在6月3日決定對現貨比特幣和以太坊ETF的實物創建和贖回的申請。

Eleanor Terrett, an attorney at the firm Winston, shared on X, formerly Twitter, that the regulator’s staff has filed a brief with the administrative law judge. In the brief, they request the judge to defer to the SEC’s view that the applications should be approved.

溫斯頓公司的律師埃莉諾·特雷特（Eleanor Terrett）在X（以前是Twitter）上分享了監管機構的工作人員已向行政法官提交了簡報。在摘要中，他們要求法官遵守SEC的觀點，即應批准申請。

The SEC had initially shot down the applications for In-Kind creations and redeems. In-Kind creations will see stakeholders exchange the underlying Bitcoin and Ethereum directly. This eliminates the need to first convert the funds to cash.

SEC最初擊落了實物創作和贖回的申請。實物創造將使利益相關者直接交換基礎的比特幣和以太坊。這無需先將資金轉換為現金。

The US SEC had opposed this method of creation and redemption as it helps maintain liquidity and price stability. It also avoids taxable events.

美國SEC反對這種創造和贖回方法，因為它有助於維持流動性和價格穩定。它還避免應稅事件。

“The Division maintains that, in the interest of efficient and economic use of the Commission’s resources, the applications should be granted in accordance with the SEC’s view as expressed in its statements at the March 15, 2024, open meeting,” the SEC staff said.

SEC工作人員說：“該部門堅持認為，為了有效和經濟使用委員會的資源，應按照SEC的觀點批准申請，如2024年3月15日在公開會議上的聲明中所示。”

The regulator is expected to announce its verdict on the spot Ethereum ETF offering from WisdomTree at the same time.

預計該監管機構將同時宣布對智慧樹的現場以太坊ETF的判決。