以太坊 (ETH) 交易所交易基金 (ETF) 最早可能于 7 月 23 日推出

据行业专家称，期待已久的现货以太坊 (ETH) 交易所交易基金 (ETF) 最早可能会在 7 月 23 日推出。

The launch of spot ether (ETH) exchange traded funds (ETFs) could happen as early as July 23, according to industry experts. And much like the January launch of eleven spot bitcoin (BTC) ETFs, the resultant surge in demand could catapult the price of ETH, but perhaps not as significantly as what happened with BTC, which reached record highs after the launch of its spot ETFs.

据行业专家称，现货以太坊 (ETH) 交易所交易基金 (ETF) 最早可能于 7 月 23 日推出。就像 1 月份推出 11 只现货比特币 (BTC) ETF 一样，由此产生的需求激增可能会推高 ETH 的价格，但可能不会像 BTC 那样显着，BTC 在推出现货 ETF 后创下历史新高。

“The magnitude of this success is probably going to be less significant for Ethereum than it was for Bitcoin,” said Jonathan Bier, chief investment officer at Farside Investors, a London-based investment management firm.

伦敦投资管理公司 Farside Investors 的首席投资官乔纳森·比尔 (Jonathan Bier) 表示：“以太坊的成功程度可能不如比特币那么重要。”

“Bitcoin was first,” Bier explained, adding that bitcoin is primarily a financial asset, used as a safe haven, while ether derives its value from the level of developer activity on its platform.

“比特币是第一个，”比尔解释道，并补充说比特币主要是一种金融资产，用作避风港，而以太币的价值则来自其平台上的开发者活动水平。

The latest moves with ether all began in late May when the U.S. Securities and Exchanges Commission (SEC) unexpectedly approved the 19b-4 forms for spot ether ETFs from BlackRock, Bitwise, Grayscale, Van Eck, Ark 21Shares, Fidelity, Franklin Templeton, and Invesco Galaxy. The forms are a key part of the SEC's preliminary process for ETF approval.

以太坊的最新动向始于 5 月底，当时美国证券交易委员会 (SEC) 出人意料地批准了来自 BlackRock、Bitwise、Grayscale、Van Eck、Ark 21Shares、Fidelity、Franklin Templeton 和景顺银河。这些表格是 SEC ETF 批准初步流程的关键部分。

These entities are now required to submit finalized S-1 forms by today, which if approved, would greenlight the launch of spot ether ETFs as soon as next Tuesday, sparking a potential boon for ETH investors.

这些实体现在需要在今天之前提交最终的 S-1 表格，如果获得批准，最快将于下周二推出现货以太坊 ETF，从而为 ETH 投资者带来潜在的好处。

“The ETF will likely see significant inflow,” crypto investor Lark Davis told Unchained. “The stars are aligning even if there is some kind of, let's say, price turbulence in the first day or two of these products listing.”

“ETF 可能会出现大量资金流入，”加密货币投资者 Lark Davis 告诉 Unchained。 “即使在这些产品上市的第一天或两天内出现某种价格波动，明星们也会齐头并进。”

Ether rallied about 30% to $3,943 around the time of the 19b-4 approvals, before dipping below $3,000 earlier this month, according to CoinMarketCap. It currently trades around $3,445, up more than 12% since last week.

根据 CoinMarketCap 的数据，在 19b-4 获得批准期间，以太币上涨了约 30% 至 3,943 美元，然后在本月初跌破 3,000 美元。目前其交易价格约为 3,445 美元，自上周以来上涨超过 12%。

Pedro Lapenta, head of research at Hashdex, an investment firm which manages a bitcoin futures ETF, expects ether ETF inflows of roughly $5 billion by the end of 2024. However, Lapenta told Unchained that sustained price action may take time.

管理比特币期货 ETF 的投资公司 Hashdex 的研究主管 Pedro Lapenta 预计，到 2024 年底，以太坊 ETF 的流入量将达到约 50 亿美元。不过，Lapenta 告诉 Unchained，持续的价格走势可能需要时间。

Read more: VanEck to Waive Initial Fee on Spot Ethereum ETFs, Plans to ‘Make It Up’ on DeFi Volume

了解更多：VanEck 免除现货以太坊 ETF 的初始费用，计划“弥补” DeFi 交易量

“We do think ETH’s price will respond favorably in the short term,” Lapenta said. “However, the true price impact of these ETFs will play out over a longer period.”

“我们确实认为 ETH 的价格会在短期内做出有利的反应，”Lapenta 说。 “然而，这些 ETF 的真正价格影响将在较长时期内显现出来。”

The Trump Factor

特朗普因素

The crypto markets overall have also been buoyed by the prospects of a Donald Trump presidency, who has increased his polling lead over incumbent Joe Biden after a foiled assassination attempt last Saturday.

总体而言，加密货币市场也受到唐纳德·特朗普(Donald Trump)当选总统的前景的提振，在上周六的一次暗杀企图挫败后，特朗普在民意调查中领先于现任总统乔·拜登(Joe拜登)。

Trump, who previously had been critical of cryptocurrencies, has indicated he will be a pro-crypto president if he wins November's election, and in May he became the first major presidential candidate in American history to accept cryptocurrency donations.

此前一直对加密货币持批评态度的特朗普表示，如果他赢得 11 月的大选，他将成为一名支持加密货币的总统，并于 5 月份成为美国历史上第一位接受加密货币捐赠的主要总统候选人。

Read more: Trump-Themed Tokens Soar, Odds of Election Win Hit 71% on Polymarket

阅读更多：Polymarket 上特朗普主题代币飙升，选举获胜几率达 71%

However, Bier is skeptical of the impact of Trump's potential victory on long-term crypto prices, pointing out how U.S. presidents frequently break campaign promises.

然而，比尔对特朗普的潜在胜利对长期加密货币价格的影响持怀疑态度，并指出美国总统经常违背竞选承诺。

“I would love to believe Trump will retain his pro crypto stance once he gets into office,” Bier said. “But unfortunately, I have no reason to believe that.”

比尔表示：“我很愿意相信特朗普上任后将保持其支持加密货币的立场。” “但不幸的是，我没有理由相信这一点。”

If the spot ether ETF launches next week, it will do so right before the annual Bitcoin Conference, which kicks off on July 24 in Nashville and will feature Trump as its marquee guest. Trump has confirmed he will be speaking at the conference despite the injury he sustained in the attempt on his life.

如果现货以太 ETF 下周推出，它将在年度比特币会议之前推出，该会议将于 7 月 24 日在纳什维尔开幕，特朗普将作为其特邀嘉宾。特朗普确认他将在会议上发表讲话，尽管他在自杀事件中受伤。

The controversial former president has already received $1.8 million in bitcoin contributions and almost $1 million in ether, according to the Wall Street Journal. He also launched a “Mugshot Edition” NFT last year following his indictment for election racketeering, in addition to his other collections, which include the POTUS Trump NFT collection and the Donald Trump NFT collection, according to NFT site nftevening.com.

据《华尔街日报》报道，这位备受争议的前总统已经收到了 180 万美元的比特币捐款和近 100 万美元的以太币。据 NFT 网站 nftevening.com 称，在他被指控选举诈骗后，他去年还推出了“照片版”NFT，此外还有他的其他收藏品，其中包括美国总统特朗普 NFT 收藏品和唐纳德·特朗普 NFT 收藏品。

Read more: Trump Picking J.D. Vance as Vice Presidential Running Mate Sends Vance Related-Memecoins Soaring

阅读更多：特朗普选择 JD 万斯作为副总统竞选伙伴使万斯相关的模因币飙升

Conversely, many consider President Joe Biden to be outrightly anti-crypto given the hostile stance the SEC has taken against many crypto firms during his administration. And Biden himself vetoed the repeal of SAB 121 – an SEC accounting guideline that makes it onerous for banks to service crypto clients.

相反，许多人认为乔·拜登总统是彻底反加密货币的，因为美国证券交易委员会在其执政期间对许多加密货币公司采取了敌对立场。拜登本人否决了 SAB 121 的废除——这是 SEC 的一项会计准则，该准则使得银行为加密货币客户提供服务变得繁重。

Leading up to the veto, Trump's campaign appeared to criticize Biden's stance on crypto regulation, touting Trump's record on “innovation in financial technology” while blasting Biden for his more restrictive crypto policies.

在否决之前，特朗普的竞选团队似乎批评了拜登在加密货币监管方面的立场，吹捧特朗普在“金融技术创新”方面的记录，同时抨击拜登更具限制性的加密货币政策。

Unlike Bier, Davis told Unchained he expects Trump to follow through on his commitment to crypto.

与比尔不同的是，戴维斯告诉 Unchained，他希望特朗普能够兑现他对加密货币的承诺。

“I think we can expect some very positive crypto announcements and regulations from the White

“我认为我们可以期待白人发布一些非常积极的加密货币公告和法规