Tron 創辦人在 SEC 審查和行業阻力中質疑以太坊現貨 ETF 的批准

Tron 創辦人孫宇晨 (Justin Sun) 對 5 月以太坊現貨交易所交易基金 (ETF) 的批准表示懷疑，這與分析師預測美國證券交易委員會 (SEC) 將拒絕多項申請的觀點一致。 Sun 強調監管機構需要加密教育，而路透社則報告稱，金融公司根據最近與 SEC 的會議預計會遭到反對。儘管 Blackrock 和 VanEck 等發行人提交了文件，但現貨以太坊 ETF 的批准前景似乎不如今年稍早批准的現貨比特幣 ETF 樂觀。

Tron Founder Casts Doubt on Spot Ethereum ETF Approval Amid SEC Scrutiny and Industry Pushback

Tron 創辦人在 SEC 審查和行業阻力中對現貨以太坊 ETF 批准表示懷疑

Tron founder Justin Sun has expressed skepticism about the likelihood of a spot Ethereum exchange-traded fund (ETF) being approved in the near future, echoing concerns raised by analysts and industry experts.

Tron 創辦人孫宇晨對以太坊現貨交易所交易基金（ETF）在不久的將來獲得批准的可能性表示懷疑，這呼應了分析師和行業專家提出的擔憂。

Sun's latest prediction aligns with the prevailing sentiment among analysts, who anticipate the Securities and Exchange Commission (SEC) to reject applications for spot Ether ETFs from multiple issuers. In a recent X post, Sun emphasized the need for long-term education and engagement with regulators to foster their understanding of the crypto landscape.

Sun 的最新預測與分析師的普遍情緒一致，他們預計美國證券交易委員會 (SEC) 將拒絕多個發行人的現貨以太 ETF 申請。在最近的 X 貼文中，Sun 強調需要長期教育並與監管機構接觸，以促進他們對加密貨幣領域的理解。

"The crypto industry still needs to prepare for a long-term education with regulators, focusing on helping them understand crypto. But we've always been here, haven't we?" Sun remarked.

「加密產業仍然需要為監管機構的長期教育做好準備，重點是幫助他們了解加密。但我們一直都在這裡，不是嗎？”孫說道。

According to a Reuters report, U.S. financial firms have tempered their expectations for spot Ethereum ETF approval in May, citing discouraging meetings with the SEC. Prominent issuers including Blackrock, VanEck, ARK Investment Management, and six others have filed applications with the SEC to list spot Ethereum ETFs. The SEC is expected to rule on VanEck's and ARK's applications, which are first in line, by May 23 and May 24, respectively.

根據路透社報道，美國金融公司以與 SEC 的會議令人沮喪為由，降低了對 5 月以太坊 ETF 現貨批准的預期。包括 Blackrock、VanEck、ARK Investment Management 和其他六家知名發行人已向 SEC 提交了上市現貨以太坊 ETF 的申請。 SEC 預計將分別於 5 月 23 日和 5 月 24 日對 VanEck 和 ARK 的申請做出裁決，這兩份申請是最早排隊的。

However, the outlook for spot Ethereum ETF approval appears less optimistic compared to their spot Bitcoin ETF counterparts, which received approval in January. In March, Bloomberg ETF analyst Eric Balchunas estimated the probability of a spot Ether ETF approval in May at around 35%, citing the SEC's seemingly less proactive approach compared to the Bitcoin ETF applications.

然而，與 1 月獲得批准的現貨比特幣 ETF 相比，現貨以太坊 ETF 批准的前景似乎不太樂觀。 3 月份，彭博ETF 分析師Eric Balchunas 估計5 月份以太坊ETF 現貨獲得批准的可能性約為35%，理由是與比特幣ETF 申請相比，美國證券交易委員會(SEC) 的做法似乎不太積極主動。

Irony persists in Sun's critique of the SEC's regulatory stance, given that he is currently facing a lawsuit from the commission alleging fraud, market manipulation, and the sale of unregistered securities. The SEC claims that Sun and his crypto businesses violated federal securities laws through the offering and sale of TRX and BTT tokens.

諷刺的是，孫對美國證券交易委員會監管立場的批評依然存在，因為他目前正面臨該委員會指控欺詐、市場操縱和出售未註冊證券的訴訟。 SEC 聲稱 Sun 及其加密業務透過發行和銷售 TRX 和 BTT 代幣違反了聯邦證券法。

Recent court filings reveal that Sun allegedly engaged in extensive travel to the U.S. while working on behalf of the Tron Foundation, BitTorrent Foundation, and Rainberry. Despite the legal scrutiny, Sun reportedly holds approximately $1 billion in assets across multiple wallets linked to him, with the USDD algorithmic stablecoin constituting his most significant holding, according to Arkham's data.

最近的法庭文件顯示，Sun 據稱在代表 Tron 基金會、BitTorrent 基金會和 Rainberry 工作期間多次前往美國。根據 Arkham 的數據顯示，儘管受到法律審查，Sun 在多個與他相關的錢包中仍持有約 10 億美元的資產，其中 USDD 演算法穩定幣是他最重要的資產。

The SEC's ongoing scrutiny of Sun and the crypto industry at large highlights the regulatory challenges facing blockchain-based assets. While the industry advocates for greater clarity and guidance, regulators remain cautious, citing concerns over market manipulation, investor protection, and the potential risks associated with digital currencies.

美國證券交易委員會對 Sun 和整個加密產業的持續審查凸顯了基於區塊鏈的資產所面臨的監管挑戰。儘管該行業主張提高透明度和指導，但監管機構仍保持謹慎態度，理由是對市場操縱、投資者保護以及與數位貨幣相關的潛在風險的擔憂。

The fate of spot Ethereum ETFs rests in the hands of the SEC, and industry stakeholders will be closely monitoring the agency's decision-making process. The outcome of these applications could shape the future of cryptocurrency ETFs and the regulatory landscape for digital assets in the United States.

現貨以太坊 ETF 的命運掌握在 SEC 手中，產業利害關係人將密切關注該機構的決策過程。這些應用的結果可能會影響加密貨幣 ETF 的未來以及美國數位資產的監管格局。