用于纳斯达克上HEDERA（HBAR）ETF产品的灰度文件

3月11日，美国证券交易委员会（SEC）承认格雷斯卡（Grayscale）提出的提议将其Hedera ETF列在纳斯达克股票。此举向前迈出了一步，但

The U.S. Securities and Exchange Commission (SEC) has acknowledged Grayscale’s proposal to list its Hedera ETF on Nasdaq. The SEC is now inviting public comments for 21 days on the proposed exchange-traded fund (ETF).

美国证券交易委员会（SEC）已承认，格雷斯卡尔（Grayscale）提出的提议将其Hedera ETF列在纳斯达克股票上。 SEC现在邀请公众对拟议的交易所交易基金（ETF）的评论。

The commission began a 21-day period of comment on March 11, specifically soliciting feedback on Grayscale’s application to list and trade shares of Grayscale Hedera Trust on the Nasdaq Stock Market.

该委员会于3月11日开始了21天的评论，特别是在纳斯达克股票市场上的Grayscale Hedera Trust列出和交易股票的申请中征求了反馈。

If approved, the Hedera ETF will be Grayscale’s sixth altcoin-based investment product. It is currently managing five crypto trusts, including Bitcoin Trust, Ethereum Trust, Litecoin Trust, and Stellar Lumens Trust.

如果获得批准，Hedera ETF将是Grayscale的第六款基于Altcoin的投资产品。它目前正在管理五个加密信托基金，包括比特币信托，以太坊信托，莱特币信托和出色的流明信托基金。

Those trusts are already listed on major exchanges, and the firm is also seeking approval for an Ethereum futures ETF.

这些信托已经在主要交易所上列出，该公司也正在寻求以太坊期货ETF的批准。

What Is Hedera Hashgraph?

什么是Hedera Hashgraph？

Hedera is a distributed ledger technology (DLT) platform that uses the hashgraph consensus algorithm. It is a layer-1 blockchain network, similar to Bitcoin and Ethereum.

Hedera是使用标签共识算法的分布式分类帐技术（DLT）平台。它是一个类似于比特币和以太坊的1层区块链网络。

The Hedera network is powered by the HERA token, which is used for paying fees and securing the network. HERA is an abbreviation for Hashgraph, Enterprise, Records, and Atomic.

Hedera网络由HERA代币提供动力，该网络用于支付费用和确保网络。赫拉（Hera）是Hashgraph，Enterprise，Records和Atomic的缩写。

According to CoinMarketCap, Hedera is the 14th largest cryptocurrency with a market cap of $8.28 billion at the time of writing. It is currently trading at $0.197 with a 24-hour volume of $591.8 million.

根据CoinMarketCap的数据，Hedera是第14大加密货币，在撰写本文时市值为82.8亿美元。目前，它的交易价格为0.197美元，交易价格为24小时，价格为5.918亿美元。

The price of HERA has increased by 3.57% in the past 24 hours, but it is down 18.29% over the past week. The circulating supply of HERA is 42 billion tokens out of a total supply of 50 billion.

在过去的24小时内，HERA的价格上涨了3.57％，但在过去一周中下降了18.29％。 Hera的循环供应量为420亿个令牌，总供应500亿美元。

CoinCodex's price prediction models estimate that HBAR could reach $0.2305 by the end of March if the market follows an uptrend. The listing of the Grayscale Hedera ETF on Nasdaq could be a catalyst for further price gains.

Concodex的价格预测模型估计，如果市场遵循上升趋势，则HBAR到3月底可能达到0.2305美元。在纳斯达克上的灰度Hedera ETF上市可能是进一步上涨的催化剂。

SEC Seeks Feedback on Hedera ETF

SEC寻求有关Hedera ETF的反馈

The SEC’s acknowledgment of Grayscale’s proposal does not necessarily mean that the agency will approve or reject the ETF.

SEC对Grayscale提案的认可并不一定意味着该机构将批准或拒绝ETF。

The commission is following standard procedure by collecting public input before making a decision. After the 21-day comment period has elapsed, the SEC can choose to approve, deny, or defer the application.

委员会正在遵循标准程序，通过在做出决定之前收集公众意见。在经过21天的评论期之后，SEC可以选择批准，拒绝或推迟申请。

Those who wish to submit their comments can do so via the SEC’s website. Members of the public are encouraged to share their thoughts on the potential implications of the Hedera ETF.

那些希望提交评论的人可以通过SEC的网站这样做。鼓励公众分享他们对Hedera ETF的潜在影响的想法。

The SEC is also interested in hearing from any parties who have information relevant to the agency’s decision. For example, the SEC may want to hear from experts in cryptocurrency markets, financial institutions that are considering investing in digital assets, and academics who study the legal and economic aspects of cryptocurrencies.

SEC还有兴趣听取与该机构决定有关的任何当事方的聆听。例如，SEC可能希望听取加密货币市场的专家，正在考虑投资数字资产的金融机构以及研究加密货币的法律和经济方面的学者。

The agency is particularly interested in feedback on the suitability of the ETF for the investing public and whether the ETF will be priced fairly and efficiently. The SEC will also consider the role of Coinbase Custody Trust Company as custodian of the trust assets.

该机构对ETF对投资公众的适用性以及ETF的适用性以及ETF的适用性特别感兴趣。 SEC还将将Coinbase监护信托公司的作用视为信托资产的保管人。

The news comes as Grayscale ramps up efforts to expand its crypto ETF product suite. Earlier this year, the firm filed an application to list an Ethereum futures ETF with the SEC. The SEC is yet to make a decision on that application.

随着灰度加强努力扩大其加密ETF产品套件的努力。今年早些时候，该公司提出了向SEC列出以太坊期货ETF的申请。 SEC尚未对该申请做出决定。

Grayscale’s push for an Hedera ETF comes amid growing demand for cryptocurrency-based financial products. The SEC has already approved several Bitcoin and Ethereum ETFs, signaling the increasing interest from institutional investors in cryptocurrencies.

在对基于加密货币的金融产品的需求不断增长的情况下，Grayscale推动Hedera ETF的推动。 SEC已经批准了几个比特币和以太坊ETF，这表明机构投资者对加密货币的兴趣日益增加。

However, altcoin ETFs are still largely in regulatory limbo. The SEC has been slow to approve applications for altcoin ETFs, despite the growing demand for such products.

但是，AltCoin ETF仍然主要存在于监管困境中。尽管对此类产品的需求不断增长，但SEC批准了Altcoin ETF的申请缓慢。

If the Hedera ETF is approved, it could pave the way for more altcoin-focused funds to be listed in the U.S. That would open up new investment opportunities for retail and institutional investors.

如果Hedera ETF获得批准，它可能为在美国列出的更多以Altcoin为中心的资金铺平了道路，该资金将为零售和机构投资者提供新的投资机会。

It could also help to channel more liquidity into the crypto markets, which could in turn lead to higher prices for cryptocurrencies. The fate of the Hedera ETF now rests in the hands of the SEC.

它还可以帮助将更多的流动性引入加密货币市场，这反过来又可能导致加密货币的价格更高。 Hedera ETF的命运现在落在SEC的手中。