由于SEC表示愿意批准新的Altcoin ETF，因此有72个主动提案正在等待点头。

比特币ETF在过去一个月中大大改变了全球数字资产市场，目前它们的表现很好。

The SEC is signaling its willingness to approve new altcoin ETFs, with 72 active proposals currently awaiting a nod from the commission. Despite the growing interest from asset managers to launch more altcoin-based products in the institutional market, Bitcoin ETFs command 90% of crypto fund assets worldwide.

SEC表示愿意批准新的Altcoin ETF，目前有72项积极的建议正在等待委员会的点头。尽管资产经理对在机构市场上推出更多基于Altcoin的产品的兴趣日益增长，但比特币ETFS命令全球90％的加密基金资产。

Discussing the expansive queue of ETF applications, ETF analyst Eric Balchunas highlighted the sheer volume of proposals pending approval.

ETF分析师Eric Balchunas讨论了ETF应用的膨胀队列，强调了急需批准的建议。

“There are now 72 crypto-related ETFs sitting with the SEC awaiting approval to list or list options. Everything from XRP, Litecoin and Solana to Penguins, Doge and 2x MELANIA and everything in between. Gonna be a wild year.”

“现在有72个与加密相关的ETF坐在SEC等待批准或列出选项的SEC中。从XRP，Litecoin和Solana到企鹅，Doge和2x Melania以及两者之间的一切。

While new listings can attract inflows and liquidity in these tokens—as seen with the recent approval of Ethereum ETF options—it’s highly unlikely that any crypto fund will replicate Bitcoin’s runaway success in the ETF market, according to Balchunas.

根据Balchunas的说法，尽管新清单可以吸引这些代币的流入和流动性（如最近的以太坊ETF选项的认可），但据Balchunas称，任何加密基金都不太可能在ETF市场上复制比特币在ETF市场上的失控。

Bitcoin ETFs have dramatically changed the global digital assets market. In the US alone, these funds have reached $94.5 billion in net assets, despite continuous outflows in recent months.

比特币ETF急剧改变了全球数字资产市场。仅在美国，尽管近几个月来不断流出，但这些资金仍达到945亿美元的净资产。

Their early success has opened a new market for crypto-related assets, leading to asset managers applying for more altcoin ETFs.

他们的早期成功为与加密相关的资产开辟了一个新市场，导致资产管理人员申请更多的Altcoin ETF。

Earlier this year, the SEC faced criticism for slow-walking applications, particularly for spot Bitcoin ETFs, which are designed to track the price of the cryptocurrency directly.

今年早些时候，SEC对缓慢行走的应用面临批评，尤其是对于现场比特币ETF，旨在直接跟踪加密货币的价格。

However, since the summer, the regulator has approved a batch of altcoin ETFs, tracking assets like Solana, Ethereum, and Cardano.

但是，自夏季以来，监管机构批准了一批Altcoin ETF，跟踪Solana，Ethereum和Cardano等资产。

According to Balchunas, these approvals, plus the pending applications, suggest that the SEC is now open to approving a wide range of crypto products.

根据Balchunas的说法，这些批准以及待处理的申请表明，SEC现已开放，旨在批准广泛的加密产品。

But any new altcoin product would need a significant value-add to try and impact Bitcoin’s position, which seems unlikely.

但是，任何新的Altcoin产品都需要大量的增值来尝试影响比特币的位置，这似乎不太可能。

Earlier this year, analysts at Morningstar estimated that these products, taken together, couldn’t displace more than 5-10% of Bitcoin’s ETF market dominance.

今年早些时候，Morningstar的分析师估计，这些产品共同取代了比特币ETF市场优势的5-10％以上。

If there was an event that significantly impacted Bitcoin, it would likely also affect the rest of crypto.

如果有一个显着影响比特币的事件，它也可能会影响其余加密货币。

Still, that doesn’t mean that the altcoins ETFs are a futile endeavor. These products have continually created new inflows and interest in their underlying assets, especially with issuers acquiring token stockpiles.

尽管如此，这并不意味着Altcoins ETF是徒劳的。这些产品不断引起对其基本资产的新流入和兴趣，尤其是在发行人获取令牌库存的情况下。

However, it’s important to be realistic. While XRP and Solana ETF approvals could drive new bullish cycles for the altcoin market, Bitcoin will likely dominate the ETF market by a large margin—given its widespread recognition as a ‘store of value’ in the current market.

但是，重要的是要现实。尽管XRP和SOLANA ETF批准可以推动Altcoin市场的新看涨周期，但比特币可能会以很大的利润率主导ETF市场，这将其广泛的认可是当前市场中的“价值存储”。