Grayscale 法律负责人关注现货以太坊 ETF 批准的积极结果

在 SEC 对以太坊 (ETH) 监管保持沉默的情况下，Grayscale 的首席法务官 Craig Salm 对现货以太坊 ETF 的批准仍持乐观态度。 Salm 与现货比特币 ETF 的审批流程相似，他认为 SEC 在该案中与申请人的接触为围绕 ETH ETF 的类似讨论铺平了道路，尽管监管阻力持续存在，例如以太坊基金会的传票以及有关 ETH 的未决争论。监管状况。

Grayscale Legal Counsel Expresses Optimism for Spot Ethereum ETF Approval Amidst Regulatory Uncertainties

Grayscale 法律顾问对现货以太坊 ETF 在监管不确定性的情况下获得批准表示乐观

In a recent development, Craig Salm, Chief Legal Officer of Grayscale, a prominent cryptocurrency investment firm, has expressed confidence in the eventual approval of a spot Ethereum exchange-traded fund (ETF) despite the relative silence of the United States Securities and Exchange Commission (SEC) on the matter.

在最近的进展中，尽管美国证券交易委员会相对沉默，但著名加密货币投资公司 Grayscale 的首席法务官 Craig Salm 对最终批准现货以太坊交易所交易基金 (ETF) 表示有信心（美国证券交易委员会）就此事。

Salm's optimism stems from the similarities between the regulatory path of spot Ethereum ETFs and the successful approval process of spot Bitcoin ETFs in January 2024. He notes that both types of ETFs involve underlying functions such as creation or redemption procedures and custodial arrangements, which were the subject of constructive engagement between the SEC and applicants for spot Bitcoin ETFs, including Grayscale, Fidelity, and Ark.

Salm 的乐观源于现货以太坊 ETF 的监管路径与 2024 年 1 月现货比特币 ETF 的成功审批流程之间的相似性。他指出，这两种类型的 ETF 都涉及创建或赎回程序以及托管安排等基础功能，而这些功能是这是 SEC 与现货比特币 ETF 申请人（包括 Grayscale、Fidelity 和 Ark）之间建设性接触的主题。

Furthermore, Salm contends that the framework for approval of spot Ethereum ETFs has already been established through the approval of spot Bitcoin ETFs. This suggests that the SEC may be inclined to approve a similar product for Ethereum, despite its current silence on the specific topic.

此外，Salm 认为，通过批准现货比特币 ETF，已经建立了现货以太坊 ETF 的批准框架。这表明美国证券交易委员会可能倾向于批准以太坊的类似产品，尽管目前对该特定主题保持沉默。

However, Salm acknowledges potential obstacles, such as the recent news that an unnamed state authority has subpoenaed the Ethereum Foundation, a non-profit organization that promotes the adoption of Ethereum solutions. This action has raised concerns about the regulatory status of Ethereum and its potential impact on the approval process for spot Ethereum ETFs.

然而，萨尔姆承认存在潜在的障碍，例如最近有消息称，一个未透露姓名的国家当局已传唤以太坊基金会，这是一个促进采用以太坊解决方案的非营利组织。这一行动引发了人们对以太坊监管状况及其对以太坊现货 ETF 审批流程潜在影响的担忧。

The ongoing debate surrounding Ethereum's classification as a security or a commodity further complicates the regulatory landscape. While the SEC has previously classified Bitcoin as a commodity, it has not yet clarified its position on Ethereum. This uncertainty could potentially impede the approval of a spot Ethereum ETF until a definitive determination is made.

围绕以太坊归类为证券还是商品的持续争论使监管环境进一步复杂化。虽然美国证券交易委员会此前已将比特币归类为商品，但尚未澄清其对以太坊的立场。在做出明确决定之前，这种不确定性可能会阻碍现货以太坊 ETF 的批准。

Despite these challenges, Salm remains optimistic about the prospects for spot Ethereum ETFs. He draws parallels to the history of spot Bitcoin ETFs, which faced similar uncertainties before eventual approval. He believes that the parallels between the two types of ETFs suggest that a spot Ethereum ETF is likely to be approved, even if the SEC does not provide explicit guidance in the near term.

尽管面临这些挑战，Salm 对现货以太坊 ETF 的前景仍然持乐观态度。他与现货比特币 ETF 的历史进行了比较，后者在最终获得批准之前也面临着类似的不确定性。他认为，两种类型 ETF 之间的相似之处表明，即使 SEC 短期内没有提供明确的指导，现货以太坊 ETF 也有可能获得批准。

The SEC's silence on the topic of spot Ethereum ETFs has understandably raised concerns among stakeholders. However, Grayscale's legal counsel's optimistic assessment suggests that the path to approval is not insurmountable and that a spot Ethereum ETF may become a reality in the not-too-distant future.

美国证券交易委员会对以太坊 ETF 现货话题保持沉默，这引起了利益相关者的担忧，这是可以理解的。然而，Grayscale 法律顾问的乐观评估表明，获得批准的道路并非不可逾越，现货以太坊 ETF 可能在不久的将来成为现实。