随着 Gary Gensler 从 SEC 辞职，加密行业正在为新时代做准备

加里·詹斯勒 (Gary Gensler) 准备于 1 月 20 日辞去美国证券交易委员会主席职务。出人意料的是，这一事态发展在加密行业引发了一波行动，资产管理公司提交了一波 ETF 申请。

Gary Gensler's last day as chair of the US Securities and Exchange Commission (SEC) on 20 January sparked a wave of action in the crypto industry, with asset managers submitting a flurry of ETF applications.

1 月 20 日，加里·詹斯勒 (Gary Gensler) 担任美国证券交易委员会 (SEC) 主席的最后一天，引发了加密货币行业的一波行动，资产管理公司提交了一系列 ETF 申请。

This move anticipates regulatory changes under Gensler's successor, Paul Atkins, as many expect the incoming Trump administration to adopt a more crypto-friendly approach.

此举预计詹斯勒的继任者保罗·阿特金斯将进行监管改革，因为许多人预计即将上任的特朗普政府将采取对加密货币更加友好的方法。

The applications, which began pouring in around 17 January, include at least four ETF filings in a single day. Among these issuers is ProShares, which launched the first Bitcoin-linked ETF.

这些申请于 1 月 17 日左右开始大量涌入，其中一天内至少有四份 ETF 申请。 ProShares 就是这些发行人之一，它推出了第一只与比特币挂钩的 ETF。

ProShares is now seeking to offer investors exposure to Solana ($SOL) through futures contracts, rather than direct ownership, with an application for a Solana Futures ETF.

ProShares 目前正在寻求通过申请 Solana 期货 ETF，通过期货合约（而不是直接所有权）为投资者提供 Solana ($SOL) 投资机会。

However, ETF analyst James Seyffart highlights potential hurdles for this ProShares move, given the lack of CME futures for Solana and questioning whether Coinbase's SOL futures market is large and liquid enough.

然而，ETF 分析师 James Seyffart 强调了 ProShares 此举的潜在障碍，因为缺乏 CME 的 Solana 期货，并质疑 Coinbase 的 SOL 期货市场是否足够大且流动性足够。

This move echoes another from Volatility Shares, which filed a similar Solana-focused ETF last year in November.

这一举措与 Volatility Shares 的另一项举措相呼应，该公司去年 11 月提交了类似的 Solana ETF。

According to Seyffart, even with an administration that supports the launch of Solana ETFs, there may be some serious friction to contend with—at least until 2026.

Seyffart 表示，即使政府支持推出 Solana ETF，至少在 2026 年之前也可能会遇到一些严重的摩擦。

CoinShares also submitted an application for a “CoinShares Digital Asset ETF,” which aims to track its proprietary Compass Crypto Market Index.

CoinShares 还提交了一份“CoinShares 数字资产 ETF”申请，旨在追踪其专有的 Compass 加密货币市场指数。

Beyond Solana, the ETF applications span a wider range of assets between the 17 January start and the time of writing.

除了 Solana 之外，从 1 月 17 日开始到撰写本文时，ETF 申请还涵盖了更广泛的资产。

ProShares also submitted multiple filings for leveraged and futures ETFs tied to XRP, following similar applications from other asset managers like Bitwise, Canary Capital, 21Shares, and WisdomTree.

继 Bitwise、Canary Capital、21Shares 和 WisdomTree 等其他资产管理公司提出类似申请后，ProShares 还提交了与 XRP 相关的杠杆和期货 ETF 的多份申请。

Tidal DeFi filed its own Oasis Capital Digital Asset Debt Strategy ETF (DADS). This DADS ETF plans to invest in debt instruments connected to miners and energy providers within the crypto ecosystem.

Tidal DeFi 提交了自己的 Oasis Capital 数字资产债务策略 ETF（DADS）。该 DADS ETF 计划投资与加密生态系统内的矿工和能源提供商相关的债务工具。

Earlier in the week, VanEck also filed an “Onchain Economy” ETF, which aims to invest several crypto-focused businesses including software developers, mining companies, exchanges, infrastructure providers, and much more.

本周早些时候，VanEck 还提交了一只“链上经济”ETF，旨在投资多家以加密货币为重点的企业，包括软件开发商、矿业公司、交易所、基础设施提供商等。

According to insights from Nate Geraci, President of The ETF Store, these ETF applications show that the crypto industry is preparing for the shift in regulation.

根据 The ETF Store 总裁 Nate Geraci 的见解，这些 ETF 申请表明加密行业正在为监管转变做好准备。

People will laugh at some of these crypto ETF filings…I get it.

人们会嘲笑其中一些加密 ETF 申请……我明白了。

Here's what they're missing.

这就是他们所缺少的。

Put aside merits of any one coin.

抛开任何一枚硬币的优点不谈。

Tradfi (issuers, market makers, custodians, etc) is further integrating w/ defi.

Tradfi（发行人、做市商、托管人等）正在进一步整合 defi。

ETFs = tradfi/defi bridge

ETF = tradfi/defi 桥

First step towards full tokenization.

迈向完全代币化的第一步。

Gary Gensler began his tenure as SEC Chair in April 2021, and made a mark on the crypto industry over the next three years with a wave of enforcement actions against major companies.

加里·詹斯勒 (Gary Gensler) 于 2021 年 4 月开始担任 SEC 主席，并在接下来的三年里对大公司采取了一波执法行动，在加密货币行业留下了印记。

Some of the most popular of these included Coinbase, Binance, Ripple, Uniswap, OpenSea and countless others.

其中最受欢迎的一些包括 Coinbase、Binance、Ripple、Uniswap、OpenSea 等等。

However, with his final day in office, the crypto industry is eagerly preparing for what might be a favorable era under Atkins, his successor.

然而，在他任职的最后一天，加密行业正在热切地为他的继任者阿特金斯领导下的有利时代做准备。

According to Bloomberg Senior ETF analyst Eric Balchunas, the speed and frequency of these ETF filings is interesting.

彭博社高级 ETF 分析师 Eric Balchunas 表示，这些 ETF 申请的速度和频率很有趣。

Gensler wasn't even out of the building for 5 minutes and the ETF industry unloaded a massive ETF filing frenzy. Half a dozen so far. https://t.co/YyNik32CWp

Gensler 甚至没有走出大楼 5 分钟，ETF 行业就掀起了一场大规模的 ETF 申请热潮。到目前为止有六打。 https://t.co/YyNik32CWp