投機、不確定性和懷疑：以太坊 ETF 的批准仍然難以捉摸

以太坊社群熱切期待 SEC 批准現貨 ETF，但 SEC 對此事保持沉默，引發猜測和焦慮。比特幣極端主義者馬克斯·凱澤 (Max Keizer) 將以太坊斥為“權益證明騙局”，而分析師則以監管方面的擔憂為由，估計以太坊獲得批准的可能性很低。 VanEck 執行長預計，在持續的監管審查中，他們的以太坊 ETF 申請可能會被拒絕，這給 SEC 批准的以太坊 ETF 的前景蒙上了一層不確定性。

Ethereum ETF Approval: A Saga of Speculation, Uncertainty, and Skepticism

以太坊 ETF 核准：投機、不確定性和懷疑的傳奇

The cryptocurrency community has been eagerly anticipating the approval of a spot Ethereum exchange-traded fund (ETF), but the silence from the US Securities and Exchange Commission (SEC) has left investors and enthusiasts in a state of suspense. This lack of clarity has fueled speculation, with differing opinions emerging from within the industry.

加密貨幣社群一直熱切期待現貨以太坊交易所交易基金（ETF）獲得批准，但美國證券交易委員會（SEC）的沉默讓投資者和愛好者陷入懸念。這種缺乏明確性引發了猜測，產業內部出現了不同的意見。

Skepticism and Doubts Surround Ethereum's Regulatory Suitability

圍繞以太坊監管適用性的懷疑與質疑

Renowned Bitcoin maximalist and advisor to the president of El Salvador, Max Keiser, recently expressed his skepticism regarding the SEC's cautious approach to approving an Ethereum ETF. Keiser, known for his unwavering support for Bitcoin and skepticism towards alternative cryptocurrencies, dismissed Ethereum as a "proof-of-stake scam," suggesting that it lacks the necessary regulatory backing for SEC approval.

著名的比特幣極端主義者、薩爾瓦多總統顧問 Max Keiser 最近對 SEC 批准以太坊 ETF 的謹慎態度表示懷疑。凱澤以對比特幣的堅定支持和對替代加密貨幣的懷疑而聞名，他將以太坊斥為“股權證明騙局”，暗示它缺乏美國證券交易委員會批准所需的必要監管支持。

Keiser's sentiment aligns with other voices in the cryptocurrency space, including Bloomberg's Senior ETF Analyst, Eric Balchunas, who shared a similarly conservative outlook on the likelihood of an ETH spot ETF receiving regulatory approval. Balchunas estimated the chances of approval at a mere 25%, further adding to the uncertainty surrounding the prospect of an Ethereum ETF.

Keiser 的觀點與加密貨幣領域的其他聲音一致，包括彭博社的高級 ETF 分析師 Eric Balchunas，他對 ETH 現貨 ETF 獲得監管批准的可能性也持同樣保守的看法。 Balchunas 估計獲得批准的可能性僅為 25%，這進一步增加了以太坊 ETF 前景的不確定性。

SEC's Silence Amplifies Apprehension

美國證券交易委員會的沉默加劇了擔憂

Adding to the skepticism, VanEck CEO Jan Van Eck expressed his anticipation of a potential rejection of their Ethereum ETF application, citing prolonged regulatory reviews and a lack of clarity from the SEC. This sentiment underscores the growing apprehension within the cryptocurrency community regarding the likelihood of SEC approval for an Ethereum ETF.

VanEck 執行長 Jan Van Eck 表示，他預計以太坊 ETF 申請可能會被拒絕，理由是長期的監管審查和 SEC 缺乏明確性，這加劇了人們的懷疑。這種情緒凸顯了加密貨幣社群內對 SEC 批准以太坊 ETF 的可能性日益增長的擔憂。

Overseas Interest Provides a Glimmer of Hope

海外興趣​​帶來一線希望

While the debate over Ethereum's suitability for an ETF rages on in the United States, regulatory interest in spot ETH ETFs is gaining momentum overseas. Reports suggest that regulatory bodies outside the US are showing increasing interest in approving Ethereum ETFs, potentially providing a glimmer of hope amidst the uncertainty surrounding the SEC's stance.

儘管以太坊是否適合 ETF 的爭論在美國愈演愈烈，但監管機構對現貨 ETH ETF 的興趣卻在海外日益濃厚。報告顯示，美國以外的監管機構對批准以太坊 ETF 表現出越來越大的興趣，這可能在 SEC 立場的不確定性中帶來一線希望。

Contrasting Perspectives Cloud the Regulatory Landscape

不同的觀點為監管格局帶來陰影

Amidst the scrutiny by the US Securities and Exchange Commission (SEC), investors and enthusiasts await any news regarding the fate of the proposed Ethereum ETF. Yet, amidst this uncertainty, voices from within the cryptocurrency space have begun to weigh in, offering contrasting perspectives on the matter.

在美國證券交易委員會 (SEC) 的審查中，投資者和愛好者等待有關擬議的以太坊 ETF 命運的任何消息。然而，在這種不確定性中，來自加密貨幣領域的聲音已經開始發揮作用，對此事提出了截然不同的觀點。

Max Keiser, a well-known advocate for Bitcoin and advisor to the president of El Salvador, has made headlines with his skepticism towards Ethereum's ETF prospects. Keiser boldly labeled Ethereum as a "proof-of-stake scam," citing concerns over its regulatory compliance and suitability for SEC approval. His remarks have ignited a heated debate within the community, with supporters and critics of Ethereum clashing over the validity of his claims.

Max Keiser 是著名的比特幣倡導者和薩爾瓦多總統顧問，他因對以太坊 ETF 前景的懷疑而成為頭條新聞。凱澤大膽地將以太坊標記為“權益證明騙局”，理由是對其監管合規性和是否適合 SEC 批准表示擔憂。他的言論引發了社區內的激烈爭論，以太坊的支持者和批評者就他的主張的有效性發生了衝突。

SEC's Lack of Clarity Complicates Expectations

SEC 缺乏明確性使預期變得複雜

The lack of clarity from the SEC has only exacerbated the uncertainty surrounding the fate of an Ethereum ETF. VanEck CEO Jan Van Eck echoes this sentiment, expressing apprehension over potential rejection due to prolonged regulatory reviews.

SEC 缺乏明確性只會加劇以太坊 ETF 命運的不確定性。 VanEck 執行長 Jan Van Eck 也表達了同樣的觀點，他對因長期監管審查而可能被拒絕表示擔憂。

Overseas Interest Adds Another Layer of Complexity

海外興趣​​又增加了一層複雜性

While the U.S. regulatory landscape remains murky, overseas interest in Ethereum ETFs is gaining traction. Reports suggest regulatory bodies abroad are closely monitoring the developments, adding another layer of complexity to the situation.

儘管美國監管環境依然不明朗，但海外市場對以太坊 ETF 的興趣正在增強。報告顯示，國外監管機構正在密切關注事態發展，使情況變得更加複雜。

As stakeholders anxiously await a decision from the SEC, the fate of an Ethereum ETF hangs in the balance. Will regulatory concerns overshadow the potential benefits of introducing such a financial instrument? Only time will tell as the cryptocurrency community eagerly anticipates the next chapter in this unfolding saga.

當利害關係人焦急地等待 SEC 的決定時，以太坊 ETF 的命運懸而未決。監管方面的擔憂是否會掩蓋引入此類金融工具的潛在好處？只有時間才能證明一切，因為加密貨幣社群熱切地期待著這個正在展開的傳奇故事的下一章。

Conclusion: A Saga of Challenges and Unresolved Questions

結論：充滿挑戰與未解決問題的傳奇

The road to approving an Ethereum ETF seems fraught with challenges and uncertainties, with prominent figures like Max Keiser casting doubt on its legitimacy. As the cryptocurrency community eagerly awaits further developments, the debate over the approval of an Ethereum ETF continues to captivate market observers worldwide.

批准以太坊 ETF 的道路似乎充滿挑戰和不確定性，Max Keizer 等知名人士對其合法性表示懷疑。隨著加密貨幣社群熱切等待進一步的發展，有關以太坊 ETF 批准的爭論繼續吸引著世界各地的市場觀察家。