机构投资者正在抢夺XRP（加密：XRP）和Solana（Sol）（SOL）

在Coinbase调查中的这些机构投资者中，有57％的人表示，更高的监管清晰度将是数字资产行业增长的下一个催化剂

A survey of 352 institutional investors by Coinbase Global (NASDAQ:COIN) in January found that they were mostly upbeat about the prospects for further growth in digital assets.

一月份对Coinbase Global（NASDAQ：COIN）的352个机构投资者的调查发现，他们对数字资产的进一步增长的前景大多是乐观的。

What Happened: The survey, which covered asset management companies, hedge funds, private banks, and family offices, found that the majority of the investors controlled assets in excess of $1 billion, placing them among the larger players in the markets.

发生的事情：该调查涵盖了资产管理公司，对冲基金，私人银行和家庭办事处，发现大多数投资者控制资产超过10亿美元，使它们成为市场上较大的参与者。

Of those institutional investors, 57% said that greater regulatory clarity would be the next catalyst for growth within the digital assets industry, according to the Coinbase survey.

根据Coinbase调查，在这些机构投资者中，有57％的人表示，更高的监管清晰度将是数字资产行业增长的下一个催化剂。

The report suggests that new regulations are needed to define the terms of competition in the cryptocurrency industry, rather than a more piecemeal approach that merely seeks to prevent criminality using frameworks applied to other markets, like the stock market.

该报告表明，需要新的法规来定义加密货币行业的竞争条款，而不是一种更零的方法，它只是寻求使用应用于股票市场等其他市场的框架来预防犯罪行为。

See Related: Best Cryptocurrency Scanners 2023

请参阅相关：最佳加密货币扫描仪2023

Why It’s Important: Both XRP (CRYPTO:XRP) and Solana (CRYPTO:SOL) are highly exposed to this regulatory catalyst, and the early signs suggest that things are playing out in favor of the two chains.

为什么重要的是：XRP（加密：XRP）和Solana（Crypto：Sol）都高度暴露于该调节性催化剂，并且早期的迹象表明，事物在支持这两个链条。

The Securities and Exchange Commission dropped its lawsuit against Ripple (NYSE:RVNL), the company that issues XRP, on March 19, causing the coin's price to rise substantially. The SEC had originally claimed that the business had issued XRP without filing the requisite paperwork for selling a registered security.

美国证券交易委员会于3月19日对发行XRP的公司的Ripple（NYSE：RVNL）提起诉讼，导致硬币的价格大幅上涨。 SEC最初声称该公司已发行了XRP，而没有提交出售注册安全性的必要文书工作。

Dropping the case appears to confirm Ripple's argument that XRP is not a security, but there's probably still a bit more elaboration to come from regulators on the exact principles that matter on this front.

放弃该案件似乎证实了Ripple的论点，即XRP不是安全性，但是在此方面重要的确切原则上，监管机构可能还有更多的详细说明。

Several financial institutions have already requested permission from the SEC to issue exchange-traded funds holding the coins, and if those ETFs are approved, it would mark a significant shift that makes the two chains more accessible to capital in the traditional financial system. Other financial instruments, like ETFs holding financial derivatives of Solana or XRP, are also under consideration or already hitting the market.

几家金融机构已经要求获得SEC的许可，以颁发持有硬币的交易所交易资金，如果这些ETF获得批准，这将标志着一个重大转变，这使得这两个连锁店在传统金融体系中更容易获得资本。其他金融工具，例如持有Solana或XRP金融衍生品的ETF，也正在考虑或已经在市场上投放市场。

Furthermore, as the SEC continues to provide the rules for competition within crypto as part of its new task force, launched in early March, the other legal ambiguities that might dissuade institutional investors today will continue to clear up.

此外，随着SEC继续提供加密竞争的规则，作为其新工作组的一部分，于3月初启动，今天可能会阻止机构投资者的其他法律歧义将继续清除。

Then, their capital will flow in with higher volume. When it does, prices will probably rise accordingly. And considering that many institutional investors have very long time horizons for their investments, those higher prices could easily stick around for the foreseeable future and beyond.

然后，他们的资本将随着较高的量而流入。当这样做时，价格可能会相应上涨。考虑到许多机构投资者在投资方面拥有很长的时间，因此在可预见的未来及以后，这些更高的价格很容易坚持下去。

What Else: There's an international dimension to this story, too.

还有什么：这个故事也有一个国际维度。

As the U.S. regulators go, so too will regulators in other countries, including in countries with a lot of capital like China, be making their preferred policies into explicit guidelines.

随着美国监管机构的发展，其他国家的监管机构也将在包括大量资本这样的国家中的监管机构将其首选的政策纳入明确的准则。

Many of those other groups of regulators will be slower to act than those in the U.S., which suggests that Solana and XRP could be exposed to more catalysts over the next few years.

其他许多监管机构的行动都比美国的行动要慢，这表明Solana和XRP在未来几年内可能会暴露于更多的催化剂中。

That means it's broadly a favorable time to buy XRP, Solana, and perhaps other altcoins that are in wide distribution globally.

这意味着在全球范围内购买XRP，SOLANA以及其他广泛分销的Altcoins，这通常是一个有利的时机。

But investors should be aware that there might not ever be catalysts that are as powerful as these, especially from the perspective of attracting capital from institutional investors.

但是，投资者应该意识到，可能没有像这些催化剂那样强大的催化剂，尤其是从吸引机构投资者资本的角度来看。

When an asset is officially sanctioned or allowed to trade under the law, there's no possibility of a future comparable event.

当根据法律官方制裁或被允许交易资产时，就不可能发生可比的事件。

This is to say that if you're going to invest in Solana or XRP, don't procrastinate for a year if you want to capture some upside from regulators clarifying the rules of the industry.

这就是说，如果您要投资于Solana或XRP，那么如果您想从监管机构阐明该行业规则的监管机构中的一些上行空间，请不要拖延一年。

Eventually, the main pillars of the new regulations will be in place, and at that point they will for the most part only have their (formidable) core growth drivers to rely on to reward holders.

最终，新法规的主要支柱将制定到位，到那时，他们只会有（强大的）核心成长驱动力来依靠以奖励持有人。