Solana（Sol）ETF觸發了倒數，向加密貨幣行業發出了新的篇章。

儘管比特幣和以太坊為ETF鋪平了道路，但現在正是加密貨幣即將撰寫新的章節。 SEC剛剛點燃了出乎意料的保險絲：該機構觸發了倒計時以獲得Solana ETF的批准。

The SEC has just received an application for a Solana (CRYPTO: SOL) ETF, a move that could have far-reaching implications for the crypto and broader financial markets.

SEC剛剛收到了Solana（Crypto：Sol）ETF的申請，這一舉動可能對加密和更廣泛的金融市場具有深遠的影響。

What Happened: The application for the crypto Sol ETF was filed with the SEC on Monday, kicking off a 45-day review period.

發生了什麼：加密貨幣ETF的申請是在周一向SEC提交的，開始了為期45天的審查期。

The U.S. Securities and Exchange Commission has the authority to approve or reject the application, setting a deadline of October 11 for its decision.

美國證券交易委員會有權批准或拒絕該申請，將10月11日的截止日期定為決定。

Solana ETF In Contrasted Context: The development comes in stark contrast to the SEC’s previous stance on crypto ETFs, which has largely been hostile.

與Solana ETF相比，Solana ETF與SEC先前對加密ETF的立場形成鮮明對比，該立場在很大程度上是敵對的。

Earlier this year, the SEC ordered the withdrawal of a similar application for a Litecoin (CRYPTO: LTC) ETF, sparking legal challenges from the parties involved.

今年早些時候，SEC下令撤回對Litecoin（Crypto：LTC）ETF的類似申請，從而引發了相關各方的法律挑戰。

However, behind this shift in approach lies a deeper legal battle — the qualification of crypto Sol as a security.

但是，這種方法的轉變背後是一場更深入的法律鬥爭 - 加密索爾（Crypto Sol）作為安全的資格。

By agreeing to consider the ETF application, the SEC is essentially acknowledging that the debate over Sol’s status as a security warrants a platform.

通過同意考慮ETF應用程序，SEC實質上承認有關SOL作為安全狀況的辯論值得一個平台。

This concession, though seemingly procedural, carries significant implications in the broader crypto regulatory landscape.

這種讓步雖然看似程序性，但對更廣泛的加密監管景觀具有重大影響。

Institutional Interest In Sol ETF: For industry players, the evolution in the SEC’s stance is being hailed as a strong signal to institutional investors.

機構對SOL ETF的興趣：對於行業參與者而言，SEC立場的演變被譽為機構投資者的強烈信號。

"Solana has shifted from a toxic asset to a magnet for Wall Street institutional capital,” said Matthew Ney of Messari.

“索拉納（Solana）已從有毒資產轉移到華爾街機構首都的磁鐵中，”彌賽亞（Massari）的馬修·尼（Matthew Ney）說。

The institutional interest in Solana is hardly surprising, given its impressive metrics, including a 318% increase in real economic value (REV) in a single quarter and a market capitalization hovering around $91 billion.

鑑於其令人印象深刻的指標，包括單個季度的實際經濟價值（REV）增長了318％，市值徘徊在91億美元中，這並不令人驚訝。

Altcoin ETF Race: Among other altcoins, Litecoin, a fork of the flagship crypto Bitcoin (CRYPTO: BTC), is also awaiting approval for an ETF.

AltCoin ETF種族：除其他Altcoins外，Litecoin是旗艦加密比特幣（Crypto：BTC）的叉子，也正在等待ETF的批准。

Both Solana and Litecoin are positioned to benefit from the launch of crypto ETFs, catering to institutional demand for exposure to digital assets beyond Bitcoin.

Solana和Litecoin都可以從加密ETF的推出中受益，從而滿足了對比特幣以外的數字資產的機構需求。

However, Solana boasts a distinct advantage with its thriving ecosystem, which includes decentralized applications (dApps) and substantial revenue generation for validators.

但是，Solana的生態系統具有明顯的優勢，其中包括分散應用程序（DAPP）和驗證者的大量收入。

This economic activity sets Solana apart from simply being a network infrastructure, presenting a compelling case for an ETF that would not just be a financial product, but a cog in a broader economic machine.

這種經濟活動使索拉納（Solana）與僅僅是一個網絡基礎設施不同，為ETF提供了令人信服的案例，不僅是金融產品，而且是更廣泛的經濟機器中的齒輪。

Solana's Legal Battle: Previously, the SEC had attempted to classify Solana as an unregistered security, a move that drew strong reactions from the crypto community.

索拉納（Solana）的法律鬥爭：以前，SEC試圖將Solana歸類為未註冊的安全性，此舉引起了加密貨幣社區的強烈反應。

The application for a Solana ETF and its review by the SEC could lead to a possible reclassification of the crypto.

SEC的SOLANA ETF及其審查的應用可能會導致加密的重新分類。

James Seyffart, an attorney at Seyffart Law, highlighted the broader implications of the development, stating that it is “a positive sign for exchanges that are currently in litigation with the SEC over the status of altcoins.”

Seyffart Law的律師James Seyffart強調了該開發項目的廣泛含義，並指出，這是“目前正在與SEC訴訟有關AltCoins地位的交流的積極信號”。

In essence, if crypto Sol wins, the entire category of altcoins stands to gain.

從本質上講，如果加密貨幣贏得了勝利，那麼altcoins的整個類別將獲得。

Approval Woes: Despite the application and the prospect of approval, the path to a Solana ETF remains fraught with challenges.

批准困擾：儘管有應用和批准的前景，但通往Solana ETF的途徑仍然充滿挑戰。

The five-phase process, which includes publication in the Federal Register, public consultations and repeated reviews, can span over 240 days.

五階段的過程包括聯邦公報上的出版物，公眾諮詢和重複評論，可以超過240天。

Moreover, a rejection of the ETF could trigger lawsuits, as seen in the Grayscale vs SEC court battle in 2023 over a Bitcoin spot ETF.

此外，對ETF的拒絕可能會引發訴訟，正如2023年的灰度與SEC法院在比特幣現場ETF上所見。

The saga is far from over, despite the saturation of the crypto market with exchange-traded funds (ETFs) and the entry of several crypto-related ETFs in 2023.

儘管加密貨幣市場飽和，並在2023年與加密相關的ETF進入了幾個與加密貨幣相關的ETF。