美国证券交易委员会推迟对贝莱德、灰度以太坊 ETF 申请做出决定

在近期贝莱德比特币 ETF 收购和灰度以太坊 ETF 申请激增的情况下，美国证券交易委员会 (SEC) 将贝莱德以太坊 ETF 申请的审核期延长至 6 月 23 日，理由是对股票创造和赎回机制的担忧。尽管贝莱德的比特币 ETF 持续流入，但以太坊 ETF 的命运仍然不确定，这让投资者和加密货币社区热切等待 SEC 的决定。

BlackRock and Grayscale Ethereum ETF Applications: A Saga of Delays and Regulatory Scrutiny

贝莱德和灰度以太坊 ETF 申请：延迟和监管审查的传奇

The highly anticipated era of Bitcoin ETFs dawned in January, with the launch of BlackRock's IShares Bitcoin Trust. Boasting a colossal stash of 273,892.57 BTC valued at $18.18 billion, the fund's debut ignited a surge of investor enthusiasm for Ethereum ETFs. However, in a familiar turn of events, the Securities and Exchange Commission (SEC) has cast a wet blanket over ETH ETFs, pushing their approval further into the horizon.

随着贝莱德 IShares 比特币信托基金的推出，备受期待的比特币 ETF 时代于 1 月份拉开帷幕。该基金拥有 273,892.57 比特币，价值 181.8 亿美元，其首次亮相点燃了投资者对以太坊 ETF 的热情。然而，在熟悉的事件中，美国证券交易委员会 (SEC) 给 ETH ETF 泼了一盆冷水，进一步推动了 ETH ETF 的批准。

Initially scheduled for an April 24th verdict, the SEC has now granted BlackRock and Grayscale until June 23rd to convince the agency to approve their S-1 application to convert their ETH Trust into a spot ETH exchange-traded product. This delay reflects the SEC's ongoing concerns regarding the share creation and redemption mechanisms proposed for the ETFs.

SEC 最初定于 4 月 24 日做出裁决，现在已允许贝莱德和 Grayscale 在 6 月 23 日之前说服该机构批准他们的 S-1 申请，将其 ETH Trust 转换为现货 ETH 交易所交易产品。这一延迟反映了 SEC 对 ETF 提议的股票增设和赎回机制的持续担忧。

The SEC's reluctance to embrace Ethereum ETFs has cast a pall over the crypto landscape. Investors had pinned their hopes on the transformative potential of these products, believing they would unlock the next wave of institutional adoption. However, the SEC's lingering doubts have dampened market sentiment and left investors in a state of limbo.

美国证券交易委员会不愿接受以太坊 ETF，这给加密货币领域蒙上了一层阴影。投资者将希望寄托在这些产品的变革潜力上，相信它们将开启下一波机构采用浪潮。然而，美国证券交易委员会挥之不去的疑虑打压了市场情绪，让投资者陷入了困境。

Despite the setbacks, there are glimmers of hope for those eager to see Ethereum ETFs come to fruition. BlackRock, a behemoth with $10.5 trillion in assets under management, has a history of successfully navigating the SEC's regulatory labyrinth. Moreover, the company's previous legal victory against the SEC over its Bitcoin ETF application provides a precedent for a favorable outcome come June.

尽管遇到了挫折，但对于那些渴望看到以太坊 ETF 取得成果的人来说，仍然存在一线希望。贝莱德是管理着 10.5 万亿美元资产的庞然大物，有着成功穿越 SEC 监管迷宫的历史。此外，该公司之前就其比特币 ETF 申请在美国证券交易委员会 (SEC) 诉讼中取得的胜利为 6 月份的有利结果提供了先例。

Amidst the uncertainty, one bright spot has emerged in the form of BlackRock's IShares Bitcoin Trust (IBIT). The fund has enjoyed an unprecedented 70-day streak of uninterrupted inflows, propelling it into the top 10 ETFs for daily inflow streaks. This remarkable performance serves as a testament to the growing institutional appetite for Bitcoin, even in the absence of Ethereum ETFs.

在不确定性中，贝莱德的 IShares 比特币信托（IBIT）出现了一个亮点。该基金史无前例地连续70天不间断资金流入，跻身每日资金流入前10名的ETF之列。这一出色的表现证明了机构对比特币的兴趣不断增长，即使在没有以太坊 ETF 的情况下也是如此。

In a bizarre twist, the crypto world was recently roiled by a fake news story alleging a partnership between BlackRock and HBAR. The fictitious report sent the HBAR token into a frenzy, doubling its value overnight before cooling off at daybreak. The incident underscores the volatility and susceptibility to manipulation that still permeates the crypto ecosystem.

奇怪的是，加密货币世界最近因一则声称贝莱德和 HBAR 之间存在合作伙伴关系的假新闻而陷入混乱。这份虚构的报告让 HBAR 代币陷入疯狂，其价值一夜之间翻了一番，然后在黎明时降温。该事件凸显了加密生态系统中仍然存在的波动性和易受操纵性。

As the SEC deliberations drag on, Ethereum's price continues to navigate choppy waters, largely tracking along its 20-day Simple Moving Average (SMA). If the price can sustain above this level at $3,270, it could provide a glimmer of hope for the future of ETH ETFs and the crypto market as a whole.

随着 SEC 审议的拖延，以太坊的价格继续在波涛汹涌的水域中航行，主要沿着 20 天简单移动平均线 (SMA) 移动。如果价格能够维持在 3,270 美元的水平之上，可能会给 ETH ETF 和整个加密市场的未来带来一线希望。

The SEC's protracted review of Ethereum ETFs has cast a shadow of uncertainty over the future of the industry. However, the resilience of IBIT and the precedent set by BlackRock's previous legal victory suggest that the door to approval remains ajar. As investors and crypto enthusiasts alike await the outcome, they must grapple with the realization that crypto's journey toward mainstream acceptance is fraught with regulatory hurdles and unforeseen challenges.

美国证券交易委员会对以太坊 ETF 的长期审查给该行业的未来蒙上了不确定性的阴影。然而，IBIT 的韧性以及贝莱德之前法律胜利所开创的先例表明，批准的大门仍然敞开着。当投资者和加密货币爱好者等待结果时，他们必须认识到加密货币走向主流接受的旅程充满了监管障碍和不可预见的挑战。