位比特币和Ether ETF获得SEC批准

美国证券交易委员会（SEC）已获得纽约证券交易所ARCA的初步批准，以列出Bitwise的交易所交易基金（ETF）跟踪比特币和以太币。

The U.S. Securities and Exchange Commission (SEC) has granted an initial approval for NYSE Arca to list Bitwise’s exchange-traded fund (ETF) tracking Bitcoin and Ether. This decision marks a step forward in expanding regulated crypto investment options in the U.S.

美国证券交易委员会（SEC）已获得纽约证券交易所ARCA的初步批准，以列出Bitwise的交易所交易基金（ETF）跟踪比特币和Ether。该决定标志着扩大美国的加密投资选择方向前进的一步

The hybrid ETF will only begin trading after receiving final approval of its pending S-1 registration.

Hybrid ETF只有在获得其未决的S-1注册后才会开始交易。

The SEC’s decision to approve NYSE Arca's proposal follows a review of the exchange's 19b-4 filing in November 2024. The approval process moved at an accelerated pace, reducing the typical waiting period from 240 days to just 45. This move indicates a potential shift toward a faster regulatory approach for cryptocurrency-based financial products.

SEC批准NYSE ARCA的提案的决定是对交易所在2024年11月提交的19b-4备案的审查。批准过程以加速的速度进行，将典型的等待时间从240天减少到仅45天。这一举动表明了潜在的转变。基于加密货币的金融产品的更快的监管方法。

The regulator stated that the proposal meets the Exchange Act's requirements, particularly regarding the prevention of fraud and market manipulation. The decision aligns with previous approvals for crypto-related ETFs, including those from Hashdex and Franklin Templeton. These funds provide direct exposure to spot Bitcoin and Ether, giving investors access to digital assets in a regulated environment.

监管机构表示，该提案符合《交易法》的要求，特别是关于预防欺诈和市场操纵的要求。该决定与以前对加密相关的ETF的批准相吻合，包括Hashdex和Franklin Templeton的ETF。这些资金可直接接触到现货比特币和乙醚，从而使投资者在受监管的环境中访问数字资产。

The SEC has already greenlit multiple spot Bitcoin and Ethereum ETFs, with more cryptocurrency-based investment products awaiting approval. Hashdex's Crypto Index ETF includes a variety of digital assets, while Franklin's Crypto Index ETF tracks Bitcoin and Ethereum performance. These approvals reflect a growing institutional interest in regulated crypto investment vehicles.

SEC已经已经绿化了多个斑点比特币和以太坊ETF，并拥有更多基于加密货币的投资产品等待批准。 Hashdex的加密指数ETF包括各种数字资产，而富兰克林的加密型ETF则跟踪比特币和以太坊性能。这些批准反映了受监管的加密投资工具的机构兴趣日益增长。

Meanwhile, asset managers are submitting applications for altcoin-focused ETFs, including funds tied to Dogecoin and Litecoin. Bitwise recently filed for a Dogecoin ETF in Delaware, signaling potential expansion beyond Bitcoin and Ethereum.

同时，资产管理人员正在向以替代币为中心的ETF提交申请，包括与Dogecoin和Litecoin相关的资金。 Bitwise最近在特拉华州申请了Dogecoin ETF，这表明了比特币和以太坊以外的潜在扩展。

Analysts believe altcoin ETFs could attract capital but may see less consistent demand than Bitcoin-focused funds. Unity Wallet Chief Operating Officer James Toledano noted that altcoin ETFs depend on innovation-friendly policies to succeed. He pointed out that Bitcoin ETFs benefit from sustained institutional interest, while altcoins often experience unpredictable demand. This uncertainty could impact long-term performance and investor confidence in non-Bitcoin crypto ETFs.

分析人士认为，替代币ETF可以吸引资本，但与以比特币为重点的资金相比，需求的一致性可能更少。 Unity Wallet首席运营官James Toledano指出，Altcoin ETF依靠对创新友好的政策取得成功。他指出，比特币ETF受益于持续的机构利益，而山寨币通常会经历不可预测的需求。这种不确定性可能会影响长期绩效和投资者对非比币加密ETF的信心。

SEC Speeds Up Crypto ETF Approval Process

SEC加快加密ETF批准过程

ETF analysts view the SEC's accelerated approval as a sign of shifting regulatory dynamics for digital asset funds. Bloomberg senior analyst Eric Balchunas suggested that even under the previous SEC leadership, these approvals were expected. However, he highlighted the 45-day approval period as a significant departure from the usual 240-day process.

ETF分析师将SEC的加速批准视为转移数字资产基金监管动态的标志。彭博高级分析师埃里克·巴尔库纳斯（Eric Balchunas）建议，即使在先前的SEC领导下，这些批准也得到了预期。但是，他强调了为期45天的批准期，这与通常的240天流程有很大的不同。

Balchunas also predicted that Litecoin ETF approval might be next in line. If regulators continue approving crypto-related funds at a faster pace, more products could enter the market soon. This shift could boost mainstream adoption and institutional investment in digital assets.

Balchunas还预测，Litecoin ETF的批准可能是下一个。如果监管机构继续以更快的速度批准与加密相关的资金，那么更多的产品可能很快就会进入市场。这种转变可以提高主流采用和数字资产的机构投资。

FAQs

常见问题解答

Which exchange-traded fund (ETF) has received initial approval from the U.S. Securities and Exchange Commission (SEC)?

哪个交易所交易基金（ETF）已获得美国证券交易委员会（SEC）的初步批准？

Bitwise's ETF, which will track Bitcoin and Ether, has obtained the initial approval.

Bitwise的ETF将跟踪比特币和乙醚，已获得初步批准。

When did the SEC begin reviewing the ETF's application?

SEC何时开始审查ETF的应用？

The SEC commenced its review of the ETF's 19b-4 filing in November 2024.

SEC于2024年11月开始对ETF的19b-4申请进行审查。

How quickly did the SEC approve the ETF?

SEC批准ETF的速度有多快？

The SEC granted approval within 45 days, which is notably faster than the typical 240-day approval period for such ETFs.

SEC在45天内获得了批准，这要比此类ETF的典型240天批准期快。