上周加密货币现货 ETF 表现

美国比特币现货ETF净流入18.62亿美元

Organizer: Fairy, ChainCatcher

主办方：Fairy、ChainCatcher

Overview of Last Week's Crypto ETF Dynamics

上周加密货币 ETF 动态概览

A total of 7 crypto-related ETF applications

共有7个加密货币相关ETF申请

The ETF Store President Nate Geraci tweeted that several institutions have submitted crypto-related ETF applications, indicating a shift in regulatory sentiment. The specific applications are as follows:

ETF Store 总裁 Nate Geraci 在推特上表示，多家机构已提交与加密货币相关的 ETF 申请，表明监管情绪发生转变。具体应用如下：

Fox Reporter: Solana ETF previously engaged with SEC staff, but its 19b-4 application was subsequently rejected

福克斯记者：Solana ETF 此前曾与 SEC 工作人员接洽，但其 19b-4 申请随后被拒绝

Fox Business reporter Eleanor Terrett posted on X that the Solana ETF had previously engaged with SEC staff, but its 19b-4 application was subsequently rejected. As Gary Gensler is set to step down, the market is focused on the future progress and timeline of LTC, XRP, and SOL ETFs.

福克斯商业新闻记者 Eleanor Terrett 在 X 上发帖称，Solana ETF 此前曾与 SEC 工作人员进行过接触，但其 19b-4 申请随后被拒绝。随着 Gary Gensler 即将卸任，市场关注 LTC、XRP 和 SOL ETF 的未来进展和时间表。

Bloomberg ETF Analyst: Litecoin ETF's S-1 application reportedly received a response from the SEC

彭博 ETF 分析师：据报道莱特币 ETF 的 S-1 申请收到了 SEC 的回复

Bloomberg ETF analyst Eric Balchunas posted on X, stating: "We have heard that the Litecoin ETF's S-1 application has received a response from the SEC, which seems to confirm our prediction that Litecoin is most likely to become the next approved cryptocurrency ETF. That said, the new chair of the SEC has yet to take office, which is a significant variable."

彭博社 ETF 分析师 Eric Balchunas 在 X 上发帖表示：“我们听说莱特币 ETF 的 S-1 申请已收到 SEC 的回复，这似乎证实了我们的预测，即莱特币最有可能成为下一个获批的加密货币 ETF。尽管如此，美国证券交易委员会的新主席尚未就任，这是一个重大变数。”

Thailand may allow Bitcoin ETFs to be listed on local exchanges for the first time

泰国可能首次允许比特币 ETF 在当地交易所上市

The Thai Securities and Exchange Commission (SEC) is considering allowing Bitcoin exchange-traded funds (ETFs) to be listed on local exchanges for the first time, aiming to position the country as a digital asset hub. SEC Secretary-General Pornanong Budsaratragoon stated that the proposed new regulations would allow individuals and institutions to invest in local Bitcoin ETFs. Previously, Thailand's One Asset Management launched a fund in June 2024 that provided investors with indirect exposure to overseas Bitcoin ETFs but had not allowed direct investment in Bitcoin products. Pornanong stated: "Like it or not, we must follow the pace of global cryptocurrency adoption. We need to adapt to changes and provide investors with more protected investment options in crypto assets." Additionally, Thailand is gradually easing restrictions on digital assets, including considering the launch of government bond-backed stablecoins and plans to establish a tourism service sandbox for Bitcoin trading in Phuket.

泰国证券交易委员会（SEC）正在考虑首次允许比特币交易所交易基金（ETF）在当地交易所上市，旨在将该国定位为数字资产中心。 SEC 秘书长 Pornanong Budsaratragoon 表示，拟议的新法规将允许个人和机构投资本地比特币 ETF。此前，泰国One Asset Management于2024年6月推出了一只基金，为投资者提供间接投资海外比特币ETF的机会，但不允许直接投资比特币产品。 Pornanong 表示：“无论喜欢与否，我们都必须跟上全球加密货币采用的步伐。我们需要适应变化，为投资者提供更受保护的加密资产投资选择。”此外，泰国正在逐步放宽对数字资产的限制，包括考虑推出政府债券支持的稳定币，并计划在普吉岛建立用于比特币交易的旅游服务沙箱。

According to the latest data, as of November 30, there are approximately 270,000 active cryptocurrency trading accounts in Thailand.

最新数据显示，截至11月30日，泰国约有27万个活跃的加密货币交易账户。

US SEC delays decision on Bitwise BITW conversion to ETF until July

美国 SEC 将 Bitwise BITW 转换为 ETF 的决定推迟至 7 月

According to a public regulatory document, the US SEC has postponed its decision on Bitwise 10 Crypto Index Fund (BITW) converting to an ETF until late July. This means that the approval of the Bitwise ETF will take longer. Additionally, Bloomberg ETF analyst James Seyffart pointed out that Grayscale's GDLC has a next deadline of February 2, which is also expected to be delayed.

根据一份公开监管文件，美国 SEC 已将 Bitwise 10 加密货币指数基金 (BITW) 转换为 ETF 的决定推迟到 7 月底。这意味着Bitwise ETF的批准将需要更长的时间。此外，彭博 ETF 分析师 James Seyffart 指出，Grayscale 的 GDLC 的下一个截止日期是 2 月 2 日，预计该日期也将被推迟。

YieldMax Cryptocurrency Industry and Technology Investment Portfolio Options Income ETF (LFGY) listed

YieldMax 加密货币行业和技术投资组合期权收益 ETF (LFGY) 上市

BlackRock launches new Bitcoin ETF on the Chicago Options Exchange Canada

贝莱德在加拿大芝加哥期权交易所推出新的比特币 ETF

Fidelity lowers management fees for Fidelity Advantage Bitcoin Exchange-Traded Fund (ETF) in Canada

富达降低加拿大富达优势比特币交易所交易基金（ETF）的管理费

Views and Analysis on Crypto ETFs

对加密货币ETF的看法与分析

The ETF Store President: Canary's early positioning in LTC and HBAR ETFs may gain first-mover advantage

ETF商店总裁：金丝雀早期布局LTC和HBAR ETF或将获得先发优势

The ETF Store President Nate Geraci pointed out that from a competitive perspective, if Canary's Litecoin ETF can be approved before the SOL and XRP spot ETFs submitted by well-known issuers like VanEck and Bitwise, it would be a significant breakthrough.

ETF Store总裁Nate Geraci指出，从竞争角度来看，如果Canary的莱特币ETF能够先于VanEck和Bitwise等知名发行人提交的SOL和XRP现货ETF获得批准，那将是一个重大突破。

Although Canary has not yet launched any ETF products, its early positioning in Litecoin and Hedera (HBAR) ETFs may provide a significant advantage.

尽管Canary尚未推出任何ETF产品，但其早期定位于Litecoin和Hedera（HBAR）ETF可能会提供显着优势。

Bloomberg Analyst: Litecoin ETF has met all conditions and may become the first altcoin ETF in 2025

彭博分析师：莱特币ETF已满足所有条件，可能在2025年成为首个山寨币ETF

Bloomberg Senior ETF Analyst Eric Balchunas stated on social media: "The Litecoin ETF has now met all conditions, and the countdown for the first altcoin ETF in 2025 is about to begin. I see no reason to withdraw that application, especially since the SEC has commented on the S-1 filing, Litecoin is considered a commodity, and the SEC has new leadership."

彭博社高级 ETF 分析师 Eric Balchunas 在社交媒体上表示：“莱特币 ETF 现在已经满足了所有条件，2025 年第一个山寨币 ETF 的倒计时即将开始。我认为没有理由撤回该申请，特别是因为 SEC 已经在 S-1 文件中评论道，莱特币被视为一种商品，而且 SEC 有了新的领导层。”

Bloomberg ETF Analyst: Fidelity cuts fees for its Canadian Bitcoin ETF to 32 basis points to compete with BlackRock

彭博 ETF 分析师：富达将其加拿大比特币 ETF 费用下调至 32 个基点，以与贝莱德竞争

Bloomberg ETF Analyst Eric Balchunas posted on X that Fidelity has reduced the fees for its Canadian Bitcoin ETF to 32 basis points to match BlackRock, which recently launched a similar product in Canada at the same fee.

彭博 ETF 分析师 Eric Balchunas 在 X 上发帖称，富达已将其加拿大比特币 ETF 的费用降低至 32 个基点，以与贝莱德相匹配，贝莱德最近以相同的费用在加拿大推出了类似产品。

Currently, both firms have the lowest fees in the market. US issuers have brought some competitive actions to Canada.

目前，两家公司的费用都是市场上最低的。美国发行人已向加拿大采取了一些竞争行动。

JPMorgan: Even if new altcoin ETFs are approved, their impact will be limited

摩根大通：即使新的山寨币ETF获得批准，其影响也将有限

JPMorgan analysts wrote in an investor report on January 13 that interest in new ETFs is limited outside of Bitcoin and Ethereum, despite expectations that Trump will clear regulatory hurdles. The firm believes that investor interest or demand may not be sufficient to make the launch of these future altcoin ETPs impactful on the cryptocurrency

摩根大通分析师在 1 月 13 日的投资者报告中写道，尽管预计特朗普将清除监管障碍，但除比特币和以太坊之外，对新 ETF 的兴趣有限。该公司认为，投资者的兴趣或需求可能不足以使这些未来山寨币 ETP 的推出对加密货币产生影响