通过竞标Cardano（ADA）现货交易所交易基金（ETF），Grayscale Investments正在扩大以加密货币为中心的投资组合

Grayscale公司竞标Cardano Spot Exchange Traded Fund（ETF）。现在根据美国证券交易委员会（SEC）审查

Grayscale Investments, an American digital currency asset management company and subsidiary of Digital Currency Group founded in 2013, applied for a Cardano spot exchange traded fund (ETF).

Grayscale Investments是一家美国数字货币资产管理公司，成立于2013年的数字货币集团的子公司，申请了Cardano Spot Exchange Traded Fund（ETF）。

The application is now pending with the U.S Securities and Exchange Commission (SEC), and the approval could bring ADA into the spotlight of mainstream finance.

现在，该申请正在美国证券交易委员会（SEC）进行申请，该批准可以使ADA成为主流金融的焦点。

The initiative promises to provide regulated exposure to Cardano’s market value, offering a gateway for traditional investors to tap into the growing cryptocurrency ecosystem.

该倡议有望提供对Cardano市场价值的监管风险，为传统投资者提供一个门户，以利用不断增长的加密货币生态系统。

As the Security exchange reviews the application, hopes are rising, and Cardano has already experienced a notable price increase in 2025.

随着安全交易所审查应用程序的审查，希望正在上升，而卡达诺（Cardano）在2025年的价格上涨了。

What Is A Cardano Spot ETF?

什么是Cardano Spot ETF？

A Cardano spot ETF is an investment product that holds Cardano tokens directly and tracks their market prices closely. This allows more confident investors to participate in Cardano’s potential without needing to buy, store, and manage the cryptocurrency themselves.

Cardano Spot ETF是一种投资产品，可直接持有Cardano代币并密切跟踪其市场价格。这使更多自信的投资者可以参与Cardano的潜力，而无需购买，存储和管理加密货币。

How Does ADA Spot ETF Work?

ADA斑点ETF如何工作？

A Cardano Spot ETF would provide direct public reach to Cardano by holding the main Cryptocurrency itself, rather than other ways and future contacts in order to capture Cardano price value. This new idea makes bridges traditional finance with the existing ecosystem of digital assets, and would allow investors to get into Cardano’s potential without managing digital wallets or without the difficulties of cryptocurrency exchanges.

Cardano Spot ETF将通过持有主要加密货币本身，而不是其他方式和未来的联系，以捕获Cardano的价格价值，从而为Cardano提供直接公开范围。这个新想法使桥梁具有现有的数字资产生态系统的传统财务，并允许投资者在不管理数字钱包的情况下发挥Cardano的潜力，也不会在加密货币交换的困难中发挥出来。

Cardano is the native currency of the Cardano blockchain network, one of the largest networks used for decentralised exchanges. Cardano gives more confidence to developers to make more secure, scalable chain networks and the Cardano token facilitates peer-to-peer transactions and is used within the network for governance purposes.

Cardano是Cardano区块链网络的原始货币，Cardano区块链网络是用于分散交易所的最大网络之一。 Cardano给开发人员提供了更大的信心，以使更安全，可扩展的链网络和Cardano代币有助于对等交易，并用于治理目的。

A Cardano Spot ETF would be founded as a trust, with a dedicated caretaker ensuring the secure storage of Cardano tokens. For example, Grayscale’s gives an idea of a Cardano ETF, Coinbase Custody Trust Company, LLC is tasked with safeguarding digital assets. Experienced administrators — in this case, BNY Mellon Asset Servicing — will oversee the fund’s day-to-day operations, and handle important functions such as valuation, accounting and regulatory reporting in order to ensure compliance with industry standards.

Cardano Spot ETF将作为信托基金会建立，并拥有专用的看守人，以确保Cardano令牌的安全存储。例如，Grayscale's给出了Cardano ETF的想法，Coinbase Custony Trust Company，LLC的任务是维护数字资产。经验丰富的管理员（在这种情况下，BNY Mellon资产服务）将监督该基金的日常运营，并处理重要职能，例如估值，会计和监管报告，以确保遵守行业标准。

The ETF’s value would be carefully linked to the market price of Cardano through an index that aggregates prices from reputable cryptocurrency exchanges, such as Coinbase, Crypto.com, Bitfinex and Kraken.

ETF的价值将通过一个指数仔细地与Cardano的市场价格联系起来，该指数从良好的加密货币交易所（例如Coinbase，crypto.com，bitfinex and Bitfinex和Kraken）中汇总了价格。

After receiving regulatory approval from the US Securities and Exchange Commission, shares of the Cardano Spot ETF would be listed on major stock exchanges such as NYSE Arca.

在获得美国证券交易委员会的监管机构批准后，Cardano Spot ETF的股票将在NYSE ARCA等主要证券交易所上市。

Listing of the Cardano token allows users to buy and sell shares via brokerage accounts, providing a familiar avenue for Cryptocurrency investment. The ETF would ensure transparency, security, and follow applicable laws, ultimately offering a great and secure method for investors to take part in Cardano’s market movements.

Cardano代币的列表允许用户通过经纪帐户购买和出售股票，从而为加密货币投资提供了熟悉的途径。 ETF将确保透明度，安全性并遵守适用的法律，最终为投资者提供了一种出色而安全的方法，可以参与Cardano的市场发展。

Key Features of Cardano Spot ETFon February 10, 2025, Grayscale Investments filed a 19b-4 form with the Securities and Exchange Commission to launch the Cardano ETF. Securities and Exchange Commission (SEC) officials acknowledged this form on February 24, 2025. Starting a review process, this review process includes the public comment period.

Cardano Spot Etfon的主要特征，2025年2月10日，Grayscale Investments向Securities and Exchange Commission提交了19b-4表格，以启动Cardano ETF。美国证券交易委员会（SEC）官员于2025年2月24日确认了此表格。开始审查过程，此审查过程包括公众意见期。

Initial time period for this review is set for 180 days, though extension of period is also possible.

该审查的初始时间段设置为180天，尽管还可以延长周期。

Grayscale’s proposal has a positive impact on the market trends because after the adoption of this proposal, the price of Cardano has increased by 14.38 percent in the last 24 hours.

Grayscale的提议对市场趋势产生了积极的影响，因为在该提案采用后，Cardano的价格在过去24小时内增长了14.38％。

This price increase movement signals confidence in the ETF’s potential to integrate Cardano into traditional financial markets, and also reflects strong investor hope and heightened institutional interest.

这种价格提高运动标志着ETF将Cardano融入传统金融市场的潜力的信心，还反映了强烈的投资者希望和增强的机构利益。

The security exchange commission’s decision is also pending on Grayscale’s proposal. This development continues to strengthen the bond between conventional financial systems and the new idea world of digital assets, reinforcing Cardano’s standing as a leading blockchain asset in an ever-evolving market landscape.

安全交易委员会的决定也在持有灰度的提议中。这一发展继续加强常规金融系统与新思想资产的新思想世界之间的纽带，从而增强了卡尔达诺在不断发展的市场景观中成为领先的区块链资产的地位。

Impact of Spot ETF on ADA Price

现场ETF对ADA价格的影响

Grayscale’s initiative to launch a Cardano-focused ETF has given another level of investor interest, with Cardano experiencing a substantial price increase that even outpaced major cryptocurrencies like Bitcoin and Ethereum. This development reflects higher hopes about Cardano’s integration into mainstream financial products, and also signals a broader acceptance of digital assets within traditional investment frameworks.

Grayscale发起的以Cardano为中心的ETF的举措给予了另一个投资者的兴趣，Cardano的价格大幅上涨，甚至超过了比特币和以太坊等重大加密货币。这一发展反映了对卡尔达诺（Cardano）融入主流金融产品的更高希望，并且还表示在传统投资框架内对数字资产的广泛接受。

In a post Sunday morning on Truth Social, his social-media platform, Trump said his executive order on digital assets will “move forward on a Crypto Strategic Reserve that includes XRP, SOL and ADA. I will make sure the U.S. is the Crypto Capital of the World.”

特朗普在周日早晨关于真相社交的帖子中说，他对数字资产的行政命令将“继续进行加密战略储备，其中包括XRP，SOL和ADA。我将确保美国是世界的加密首都。”

And after some time he also added in his follow up post ” Obviously BTC and ETH, as other valuable Cryprocurrencies, will be the heart of the reserve. I also love Bitcoin and Ethereum!”

一段时间后，他还在后续职位中添加了“显然BTC和ETH，因为其他有价值的CryProcrencies将成为保护区的核心。我也喜欢比特币和以太坊！”

What Happens if Cardano Spot ETF Is Approved?

如果Cardano Spot ETF获得批准会发生什么？

The Security Exchange Commission’s approval of a Cardano Spot ETF would mark an important moment in the integration of cryptocurrencies into mainstream finance.

安全交易委员会对Cardano现场ETF的批准将标志着将加密货币整合到主流金融中的重要时刻。

Improved Accessibility and Institutional Adoption

提高可访问性和机构采用

A Cardano Spot ETF would provide investors with a regulated and simple avenue to gain exposure to ADA

Cardano Spot ETF将为投资者提供受管制和简单的途径，以获取ADA的接触