4个可以在2025年获得自己的ETF的加密货币

加密货币在2024年有相当长的一年。世界上最大的加密货币（Crypto：BTC）超过了108,000美元，山寨币也飙升。

Cryptocurrencies had quite a year in 2024. Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, topped $108,000 and altcoins have surged as well. Most of the gains came in the final two months of the year after Donald Trump won the presidential election. Trump's administration is expected to be very favorable to crypto, clarifying regulatory gray areas and implementing policies intended to help the sector grow.

加密货币在2024年有相当长的一年。世界上最大的加密货币（Crypto：BTC）超过了108,000美元，山寨币也飙升。唐纳德·特朗普（Donald Trump）赢得总统大选之后的最后两个月，大部分收益都来自一年的最后两个月。预计特朗普的政府将非常有利于加密货币，澄清监管灰色地区并实施旨在帮助该行业发展的政策。

A lighter regulatory backdrop will also likely lead to more brokerages being able to sell crypto and more spot crypto exchange-traded funds (ETFs), which can be very positive for crypto prices. Here are four cryptocurrencies that could get their own spot ETFs in 2025.

较轻的监管背景也可能导致更多的经纪人能够出售加密货币和更多的Crypto交易所交易基金（ETF），这对加密价格可能非常积极。这是四个加密货币，可以在2025年获得自己的斑点ETF。

A proven catalyst

一个经过验证的催化剂

Crypto spot ETFs seek to mirror the price of certain cryptocurrencies. These ETFs buy and hold the cryptocurrency they are mirroring and then assign a certain number of shares based on how much of that cryptocurrency they own. Crypto ETFs are intended to make purchasing crypto easier because ETFs are quite liquid and take care of some of the more intricate parts of buying cryptocurrencies directly.

加密货币ETF试图反映某些加密货币的价格。这些ETF购买并持有它们正在镜像的加密货币，然后根据他们拥有的加密货币中的多少分配一定数量的股份。加密ETF旨在使购买加密货币更容易，因为ETF是非常液体的，并且可以直接购买加密货币的一些更复杂的部分。

The Securities and Exchange Commission (SEC) approved Bitcoin and Ethereum spot ETFs earlier this year and the lead-up to these approvals drove up the prices of both tokens. Bitcoin spot ETFs were approved in January 2024 and Ethereum ones received approval in July. While ETF approval was not the only reason both tokens performed well, it was certainly a contributing factor.

美国证券交易委员会（SEC）在今年早些时候批准了比特币和以太坊现货ETF，并获得了这些批准的领先优势提高了两个令牌的价格。比特币现场ETF在2024年1月获得批准，以太坊的ETF在7月获得了批准。尽管ETF批准并不是两个代币表现良好的唯一原因，但这无疑是一个促成因素。

Bitcoin Price data by YCharts.

YCHARTS的比特币价格数据。

Now, with SEC Chairman Gary Gensler expected to step down once Trump takes office and Paul Atkins nominated to be his replacement, many believe this could open the floodgates for more spot crypto ETFs. Eric Balchunas, a senior ETF analyst at Bloomberg, thinks 2025 will bring a combined Bitcoin-Ethereum ETF, as well as one for Litecoin (CRYPTO: LTC), Hedera (CRYPTO: HBAR), XRP (CRYPTO: XRP), and Solana (CRYPTO: SOL).

现在，随着SEC董事长加里·加斯勒（Gary Gensler）预计特朗普就职后会辞职，保罗·阿特金斯（Paul Atkins）被提名为他的替代者，许多人认为这可以为更多现场加密货币ETF打开闸门。彭博社的高级ETF分析师埃里克·巴尔库纳斯（Eric Balchunas）认为，2025年将带来比特币 - 埃塞姆ETF的组合，以及莱特币（Crypto：LTC），Hedera（Crypto：HBAR）（Crypto：HBAR），XRP（XRP（Crypto：XRP）和Solana（XRP）和Solana（Solana）（XRP）和Solana（solana（XRP）和Solana（solana））（crypto：hbar）（crypto：ltc）（crypto：ltc）（加密：sol）。

Balchunas believes the combined Bitcoin-Ethereum ETF will happen first, Litecoin next because it was created as a fork of Bitcoin in 2011, Hedera, and then XRP and Solana. Balchunas believes XRP and Solana will come later in 2025 because both are labeled as securities in pending lawsuits, which makes matters more complicated. As many know, the SEC sued XRP in 2020, claiming Ripple, the company that created the token, and its founders sold XRP as unregistered securities in 2013. Solana has faced similar allegations from the SEC. These lawsuits are important because they could give the SEC more regulatory jurisdiction over many cryptocurrencies if the outcome goes in the agency's favor.

Balchunas认为将首先发生比特币 - 埃塞姆ETF，接下来是Litecoin，因为它是在2011年作为比特币的叉子创建的，Hedera，然后是XRP和Solana。 Balchunas认为XRP和Solana将于2025年晚些时候出现，因为两者在未决诉讼中都被标记为证券，这使事情变得更加复杂。众所周知，SEC在2020年起诉XRP，声称创建代币的公司Ripple及其创始人在2013年以未注册的证券出售了XRP。Solana面临SEC的类似指控。这些诉讼很重要，因为如果结果对该机构有利，它们可以使SEC对许多加密货币更加监管管辖权。

A federal judge sided with Ripple and its founders but the SEC appealed parts of the decision. With Gensler on his way out, many expect these lawsuits to fade as well but Bulchunas thinks the SEC needs new leadership before XRP and Solana get approved for ETFs. The lawsuits may need to end once and for all, too.

一名联邦法官支持Ripple及其创始人，但SEC对该决定的一部分提出了上诉。随着Gensler的出路，许多人也希望这些诉讼也会消失，但Bulchunas认为SEC需要在XRP和Solana获得ETF批准之前需要新的领导才能。这些诉讼也可能需要一劳永逸。

The two most exciting spot crypto ETFs

两个最令人兴奋的位置加密ETF

I expect XRP and Solana ETFs to be the most exciting spot ETFs and the most bullish for their respective cryptocurrencies. Companies are already filing applications for these ETFs and both altcoins have soared since Trump won. The SEC's lawsuit against XRP has been an overhang on the token for several years up until recently, and I suspect it hasn't helped Solana either. Both XRP and Solana have immense potential, given their efficient and innovative networks. Many cryptocurrencies are tough to value because they don't generate cash flows or have intrinsic value, so I think it would be more prudent to start with a smaller speculative position.

我希望XRP和Solana ETF是最激动人心的ETF，也是其各自加密货币的最看涨。公司已经在提交这些ETF的申请，并且自特朗普赢得以来，这两个山寨币已经飙升。直到最近，SEC针对XRP的诉讼一直是令牌上的悬垂，我怀疑这也没有帮助Solana。鉴于其高效和创新的网络，XRP和Solana都具有巨大的潜力。许多加密货币很难重视，因为它们不会产生现金流或具有内在价值，因此我认为从较小的投机职位开始会更加谨慎。