SEC 再次推迟对灰度以太坊期货 ETF 做出决定，截止日期为 5 月 30 日

美国证券交易委员会 (SEC) 对灰度以太坊期货 ETF 的决定一再推迟，新的最后期限是 5 月 30 日。这一推迟最初的 3 月 31 日目标标志着投资者的等待时间较长。监管机构表示需要更多时间来审查拟议的规则变更和公众意见。这标志着以太坊期货 ETF 的第二次延期，SEC 此前将新的决定截止日期设定为 2023 年 12 月。

Has the SEC Hit a Delay Wall on Grayscale's Ethereum Futures ETF?

美国证券交易委员会 (SEC) 对 Grayscale 的以太坊期货 ETF 是否已触及延迟墙？

The Securities and Exchange Commission (SEC) has once again extended the deadline for a decision on Grayscale's Ethereum Futures Trust Exchange-Traded Fund (ETF). The new deadline is May 30, pushing the decision further out from the initial March 31 target.

美国证券交易委员会（SEC）再次延长了对灰度以太坊期货信托交易所交易基金（ETF）做出决定的最后期限。新的最后期限是 5 月 30 日，这使得该决定比最初的 3 月 31 日目标进一步推迟。

What's the Deal with the Delay?

延迟有什么关系？

The SEC cited the need for more time to review the proposed rule change and the public comments it has received. This marks the second extension for the Ethereum Futures ETF, with the SEC previously delaying the decision to December 2023.

美国证券交易委员会表示需要更多时间来审查拟议的规则变更及其收到的公众意见。这标志着以太坊期货 ETF 的第二次延期，SEC 此前将决定推迟到 2023 年 12 月。

Grayscale's Ambitious Plans

灰度的雄心勃勃的计划

Grayscale's Ethereum Futures ETF aims to invest in Ethereum futures contracts, a derivative product that tracks the price of Ethereum. The ETF would be listed on the New York Stock Exchange under Arca Rule 8.200-E.

Grayscale的以太坊期货ETF旨在投资以太坊期货合约，这是一种跟踪以太坊价格的衍生产品。该 ETF 将根据 Arca 规则 8.200-E 在纽约证券交易所上市。

A "Trojan Horse" for Spot ETF Approval?

现货ETF审批的“特洛伊木马”？

Some analysts have suggested that Grayscale may be using the futures ETF application as a way to influence the SEC's decision on its spot ETF application. The approval of a futures ETF could potentially strengthen Grayscale's case for a spot ETF, which would track the price of Ethereum directly.

一些分析师表示，灰度可能会利用期货 ETF 申请来影响 SEC 对其现货 ETF 申请的决定。期货 ETF 的批准可能会加强 Grayscale 推出现货 ETF 的理由，该 ETF 将直接跟踪以太坊的价格。

SEC's Scrutiny on Crypto ETFs

SEC 对加密 ETF 的审查

The delay in Grayscale's Ethereum Futures ETF approval comes amidst increased scrutiny of crypto-based ETFs by the SEC. The SEC recently approved spot Bitcoin ETFs, but the Ethereum ETF space remains uncertain.

Grayscale 的以太坊期货 ETF 延迟批准之际，美国证券交易委员会 (SEC) 对基于加密货币的 ETF 加强了审查。美国证券交易委员会 (SEC) 最近批准了比特币 ETF 现货，但以太坊 ETF 空间仍存在不确定性。

Industry Concerns over SEC's Stance

业界对 SEC 立场的担忧

John Lo, founder of Capital, believes the SEC is likely to take a more cautious approach to Ethereum ETFs, given its approval of Bitcoin ETFs. He suggests that the SEC may view the Bitcoin ETF approval as a setback and seek to avoid similar situations.

Capital 创始人 John Lo 认为，鉴于 SEC 对比特币 ETF 的批准，它可能会对以太坊 ETF 采取更加谨慎的态度。他建议 SEC 可能将比特币 ETF 的批准视为一次挫折，并寻求避免类似情况。

Other ETF Applications Facing Delays

其他面临延误的 ETF 申请

Grayscale is not alone in facing hurdles in launching Ethereum ETFs. BlackRock and Fidelity have also seen delays in their Ethereum Trust and Ethereum Fund applications, respectively.

Grayscale 并不是唯一一家在推出以太坊 ETF 方面面临障碍的公司。贝莱德和富达的以太坊信托和以太坊基金申请也分别出现延迟。

Impact on Ethereum Prices

对以太坊价格的影响

The delay in Ethereum ETF approvals has weighed on Ethereum prices. The cryptocurrency fell 4.44% on the day the delay was announced, closing at $3365.4. The overall fluctuation in the day was approximately 9%.

以太坊 ETF 批准的延迟打压了以太坊价格。在宣布延迟的当天，加密货币下跌 4.44%，收于 3365.4 美元。当日整体波动幅度约为9%。

Conclusion

结论

The SEC's decision on Grayscale's Ethereum Futures ETF remains uncertain, with the extended deadline indicating a need for further review. The SEC's scrutiny of crypto ETFs, combined with the challenges faced by other asset management firms, suggests that the path to approval may be a bumpy one.

美国证券交易委员会对 Grayscale 以太坊期货 ETF 的决定仍不确定，延长的截止日期表明需要进一步审查。美国证券交易委员会对加密 ETF 的审查，再加上其他资产管理公司面临的挑战，表明批准之路可能会崎岖不平。