HBAR ETF：探索发射及其含义

这不仅仅是ETF申请，还可以验证AltCoins作为合法投资。

The U.S. Securities and Exchange Commission (SEC) is set to receive a Form 19b-4 filing from Nasdaq, seeking authorization to list and trade shares of the Canary HBAR ETF. This development follows a month after the establishment of the first HBAR Trust in the U.S., announced by Canary Capital in October 2024.

美国证券交易委员会（SEC）定于从纳斯达克申请19b-4的表格，寻求授权以列出金丝雀HBAR ETF的股票和交易股份。这一发展是在Canary Capital于2024年10月在美国建立了第一家HBAR信托基金之后的一个月。

The proposed ETF would track the price of HBAR, the native cryptocurrency of the Hedera network, in real time. This move would expand access for investors seeking to trade altcoins through regulated investment vehicles.

拟议的ETF将实时跟踪HEDERA网络的本地加密货币HBAR的价格。这一举动将扩大寻求通过受监管的投资工具来交易山寨币的投资者的访问权限。

The filing is part of a broader trend towards ETFs that offer exposure to a wider range of cryptocurrencies. Canary Capital has also filed for spot ETFs on assets like XRP, reflecting this strategy.

该文件是向ETF的更广泛趋势的一部分，ETF提供了更广泛的加密货币。 Canary Capital还为XRP等资产提供了现货ETF，以反映这一策略。

Several market players have expressed interest in launching ETFs tracking popular crypto assets, such as Polkadot and Dogecoin, to more obscure digital tokens, like Official Trump (TRUMP) or any PausableToken.

几位市场参与者表示有兴趣推出ETF，跟踪Polkadot和Dogecoin等流行的加密资产，以更加模糊的数字代币，例如官方的特朗普（特朗普）或任何Pausabletoken。

This development highlights growing interest from investors in nuanced approaches to cryptocurrency investing, particularly beyond Bitcoin and Ether, the world's largest cryptocurrencies.

这一发展强调了投资者对加密货币投资的细微差别方法的日益增长，尤其是世界上最大的加密货币以外的比特币和以太币。

As the crypto market matures, it naturally attracts more projects delivering tangible use-cases. This, in turn, increases the demand for regulated investment products serving these assets.

随着加密市场的成熟，它自然会吸引更多提供有形用例的项目。反过来，这增加了对服务这些资产的受监管投资产品的需求。

The evolution reflects an increasing recognition of what blockchain technology has to offer and the willingness to engage with it through well-designed financial instruments.

进化反映了人们对区块链技术必须提供的东西以及通过精心设计的金融工具互动的意愿的越来越多的认识。

The SEC approval is crucial in this entire process. Initially, the regulatory framework for crypto ETFs was cautious under former President Joe Biden, with the SEC filing multiple lawsuits against crypto firms for securities law violations.

在整个过程中，SEC批准至关重要。最初，在前总统乔·拜登（Joe Biden）的领导下，加密货币ETF的监管框架谨慎，而SEC则针对违反证券法的加密货币公司提起了多项诉讼。

However, the approval of spot Bitcoin ETFs in 2024 marked a significant shift. This decision signaled the agency's changing stance despite previous concerns over market practices and the need for investor protections.

但是，在2024年获得点比特币ETF的批准标志着显着转变。这项决定表明，尽管以前担心市场惯例和对投资者保护的需求，但该决定的立场不断变化。

The decision paved the way for future crypto ETF applications, offering hope for those seeking accessible and regulated avenues to invest in digital assets.

该决定为未来的加密ETF应用程序铺平了道路，为那些寻求可访问且受监管的途径投资数字资产的人提供了希望。

To further cement this momentum, Franklin Templeton recently filed for an ETF that combines both Bitcoin and Ether. This move puts the SEC under increasing pressure to clear more altcoin ETFs, a decision that could drastically alter the crypto investment landscape.

为了进一步巩固这种势头，富兰克林·邓普顿（Franklin Templeton）最近申请了将比特币和以太币结合在一起的ETF。此举使SEC承受着越来越多的压力，要求清除更多的Altcoin ETF，这一决定可能会大大改变加密投资格局。

Bloomberg Intelligence has even assigned probabilities to the likelihood of approval for specific altcoin ETFs, such as Litecoin at 90%, Solana at 70%, and XRP at 65%. Notably, Bloomberg has not yet provided an estimate for the HBAR ETF.

彭博智能甚至将概率分配给了特定altcoin ETF的批准可能性，例如莱特币为90％，Solana为70％，XRP为65％。值得注意的是，彭博社尚未为HBAR ETF提供估计。

However, the fact that such estimates are being made indicates the market's anticipation of altcoin ETF approvals in the near future.

但是，进行此类估计的事实表明，市场在不久的将来对Altcoin ETF批准的期望。

It's worth mentioning that the SEC describing Litecoin as a commodity in its lawsuit against KuCoin makes a potential Litecoin ETF more likely than not. This highlights the role of regulatory clarity in getting the SEC to approve a crypto-related investment product.

值得一提的是，在针对Kucoin的诉讼中，SEC将Litecoin描述为商品，使潜在的Litecoin ETF更有可能。这凸显了监管清晰度在使SEC批准与加密相关的投资产品方面的作用。

News of Nasdaq's filing initially drove the market higher. On the day of the announcement, the price of HBAR witnessed an intraday increase of up to 9%, hitting $0.23 per unit, with trading volume peaking at $377.4 million within the past 20 days.

纳斯达克申请的消息最初使市场更高。在宣布这一消息的那天，HBAR的价格见证了高达9％的盘中增加，每单位达到0.23美元，在过去的20天内，交易量的峰值为3.774亿美元。

This immediate price boost signifies the excitement surrounding the possibility of an HBAR ETF. However, the price rally was subsequently tempered, indicating market caution.

这种直接的价格提高表示围绕HBAR ETF的可能性的兴奋。但是，价格集会随后受到缓和，表明市场的谨慎。

This cautious approach likely reflects the uncertainty that persists in the regulatory landscape, as investors were seemingly waiting for additional signals of regulatory approval before committing fully to HBAR.

这种谨慎的方法可能反映了监管环境中持续存在的不确定性，因为投资者似乎正在等待额外的监管机构批准信号，然后才能完全致力于HBAR。

If the SEC approves the Canary HBAR ETF, it could lead to a surge in institutional investment in HBAR, potentially driving up the price, according to analysts following Nasdaq's filing.

根据纳斯达克文件后的分析师的说法，如果SEC批准了Canary HBAR ETF，则可能导致HBAR机构投资的激增，并有可能提高价格。

Technically, the price of HBAR is currently encountering resistance at the 20-day simple moving average (SMA) and the midline of the Bollinger Bands. If HBAR manages to clear this resistance level, we could see a spike towards the upper Bollinger Band at $0.2419, which coincides with a significant resistance area that, once breached, could allow HBAR's move towards $0.25 faster.

从技术上讲，HBAR的价格目前在20天的简单移动平均线（SMA）和Bollinger乐队的中线遇到阻力。如果HBAR设法清除了这种阻力水平，我们可能会以0.2419美元向上布林乐队的峰值升高，这与一个明显的阻力区域相吻合，一旦违反，该区域就可以使HBAR更快地朝着0.25美元的价格移动。

On the other hand, should HBAR fail to sustain this bullish trend, it may fall back down towards its immediate support of $0.2059, which coincides with the lower Bollinger Band.

另一方面，如果HBAR无法维持这种看涨趋势，它可能会落后于立即支持0.2059美元，这与下Bollinger乐队相吻合。

Technical indicators point to a slow recovery in sentiment, with diminishing bearish momentum visible on the MACD histogram and the MACD line curving up towards a potential bullish crossover.

技术指标表明，情绪的恢复缓慢，在MACD直方图上可见的看跌动量下降，MACD线弯曲到潜在的看涨跨界。

Together with the increasing trading volume, these indicators suggest a potential bullish breakout and a bullish leg-up for the HBAR price in the upcoming sessions.

随着交易量的增加，这些指标表明，在即将举行的会议中，HBAR价格可能会出现看涨的突破和看涨的效果。

As the process unfolds, the crypto community is paying close attention. The SEC’s final ruling on the HBAR ETF could drastically affect the entire altcoin space.

随着过程的展开，加密社区正在密切关注。 SEC对HBAR ETF的最终裁决可能会严重影响整个Altcoin空间。

If the ETF comes to pass, it could signal the start of a new era when it comes to altcoins and investment products, allowing investors to gain exposure to a wider variety of digital assets.

如果ETF通过，则可以表明当涉及到Altcoins和Investment产品时，新时代的开始，使投资者可以获得更多种类的数字资产。

With greater regulatory acceptance and institutional involvement,

随着更大的监管接受和机构参与，