美國證券交易委員會（SEC）將在2025年審查70多個加密ETF

即將到來的浪潮是SEC在2024年初對現貨比特幣ETF的歷史認可，這一舉動為加密資產打開了更廣泛的機構興趣的大門。

The U.S. Securities and Exchange Commission (SEC) is set to review more than 70 crypto ETFs in 2025, with proposals spanning altcoins, meme coins, indexes, and derivatives—signaling a potential turning point in how digital assets are packaged for mainstream investors.

美國證券交易委員會（SEC）將在2025年審查70多個加密ETF，並提供跨越山寨幣，模因硬幣，索引和衍生品的提案，這意味著在為主流投資者打包數字資產的潛在轉折點。

Senior Bloomberg ETF analyst Eric Balchunas noted that the lineup of proposed crypto ETFs now pending with the SEC showcases a diverse range of assets, encompassing everything from altcoins and meme coins to more intricate derivative instruments.

彭博社高級ETF分析師Eric Balchunas指出，現在與SEC一起展示了各種各樣的資產，包括擬議中的加密ETF陣容，包括從Altcoins和Meme Coins到更複雜的衍生工具。

There are now 72 crypto-related ETFs sitting with the SEC awaiting approval to list or list options. Everything from XRP, Litecoin and Solana to Penguins, Doge and 2x Melania and everything in between. Gonna be a wild year. Great roundup from @JSeyff pic.twitter.com/IHTqqxeH35

現在有72個與加密相關的ETF坐在SEC等待批准或列表選項的批准中。從XRP，Litecoin和Solana到Penguins，Doge和2x Melania以及兩者之間的所有內容。會是狂野的一年。 @jseyff pic.twitter.com/ihtqqxeh35的大綜述

“Everything from XRP, Litecoin and Solana to Penguins, Doge and 2x Melania and everything in between. Gonna be a wild year,” Balchunas wrote in an X post.

Balchunas在X帖子中寫道：“從XRP，Litecoin和Solana到Penguins，Doge和2x Melania以及兩者之間的所有內容。”

This upcoming wave follows the SEC’s historic approval of spot Bitcoin ETFs earlier this year, a move that opened the door to broader institutional interest in crypto assets. While Bitcoin and Ethereum remain the likely frontrunners for initial multi-asset ETF products, market watchers anticipate the SEC could gradually expand its approvals—especially for tokens that haven’t been the subject of major legal or regulatory challenges.

即將到來的浪潮是SEC今年早些時候對現貨比特幣ETF的歷史認可，此舉為加密資產的機構興趣打開了大門。儘管比特幣和以太坊仍然是最初的多資產ETF產品的可能的領先者，但市場觀察家預計SEC可以逐漸擴大其認可，尤其是對於那些不是主要法律或監管挑戰的代幣。

However, some of the tokens referenced, including XRP and Solana, have been caught up in questions about whether they qualify as securities under U.S. law—a factor that could delay or derail their inclusion in regulated financial products.

但是，一些引用的令牌，包括XRP和Solana，已經陷入了有關它們是否有資格在美國法律中符合證券的問題，這是可能延遲或脫離其納入受監管金融產品的因素。

Paul Atkins’ swearing-in as the new SEC chair signals the beginning of a new chapter for the SEC, one expected to prioritize collaborative oversight of the crypto sector. While known for his deregulatory stance during a previous tenure at the Commission, Atkins now steps into a markedly different financial landscape—one where decisions on cryptocurrency classifications and listings carry greater weight.

保羅·阿特金斯（Paul Atkins）宣誓就職，作為新的SEC主席表示SEC的新篇章的開始，這將優先考慮對加密貨幣領域的協作監督。阿特金斯（Atkins）現在以在委員會上一個任期期間的放鬆狀態而聞名，但阿特金斯（Atkins）現在進入了一個明顯不同的金融景觀，其中一個關於加密貨幣分類和清單的決定具有更大的重量。

Industry analysts note that Atkins will likely face key decisions over whether certain cryptocurrencies qualify for listing as commodity-based trusts, a classification that could pave the way for additional exchange-traded funds. With 72 crypto ETF proposals awaiting review, Atkins’ leadership will be critical in how the agency balances innovation with investor protection.

行業分析師指出，阿特金斯（Atkins）可能會在某些加密貨幣是否有資格列為基於商品的信託的情況下面臨關鍵決策，該分類可能為額外的交易所資金鋪平道路。有了72個加密ETF提議等待審查，阿特金斯的領導才能在代理商如何平衡創新與投資者保護方面至關重要。

As the market awaits early signals from the new chair, stakeholders across the digital asset space will be watching closely to see how his approach evolves.

隨著市場等待新主席的早期信號，數字資產領域的利益相關者將密切關注他的方法如何發展。