比特幣和Ether ETF發行人可能不必等待更長的時間就可以擴展到現貨比特幣和以太資金之外。

彭博ETF分析師Eric Balchunas和James Seyffart現在看到75％或更高的機會在2025年底之前，美國證券交易委員會（SEC）批准了一系列現貨Altcoin ETF。

Crypto ETF issuers may not have to wait much longer to expand beyond spot bitcoin and ether funds.

加密ETF發行人可能不必等待更長的時間就可以擴展到現貨比特幣和以太資金之外。

According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, there is now a 75% or greater chance that the U.S. Securities and Exchange Commission (SEC) will approve a range of spot altcoin ETFs by the end of 2025.

根據彭博ETF分析師Eric Balchunas和James Seyffart的說法，現在美國證券交易委員會（SEC）有75％或更高的機會在2025年底之前批准了一系列現貨Altcoin ETF。

Currently, eight separate proposals for spot funds are pending with the SEC, including ETFs linked to solana (SOL), litecoin (LTC), dogecoin (DOGE), XRP, cardano (ADA), avalanche (AVAX), polkadot (DOT), and hedera (HBAR). Among these, Balchunas and Seyffart believe that index and basket-style ETFs, which combine multiple cryptocurrencies, have the highest likelihood of approval, placing those chances at 90%.

目前，與SEC有關的八項單獨的有關現貨基金的建議，包括與Solana（Sol），Litecoin（LTC），Dogecoin（Doge），XRP，Cardano（Ada），Avalanche（Avax），Polkadot（Dot）和Hedera（Hbar）相關的ETF。其中，Balchunas和Seyffart認為，結合多種加密貨幣的指數和籃子式ETF具有最高的認可可能性，將這些機會置於90％。

The first crucial deadline arrives on July 2, when the SEC must respond to proposals submitted by firms like Grayscale, Bitwise, Franklin Templeton, and Hashdex for basket-style funds. Decisions on single-asset ETFs, such as SOL, DOGE, XRP, and ADA, are anticipated in October, while others will follow in November and December. These are the final deadlines, indicating that the SEC, which has previously postponed its verdict, will be obliged to issue final rulings.

第一個至關重要的截止日期將於7月2日到達，當時SEC必須對Grayscale，Bitwise，Franklin Templeton和Hashdex等公司提交的提案進行回應。預計將在10月做出有關單一資產ETF的決定，例如Sol，Doge，XRP和ADA，而其他人將在11月和12月進行。這些是最終的截止日期，表明以前已推遲其判決的SEC將有義務發表最終裁決。

Some issuers have expressed their intent to launch funds tracking smaller-cap tokens like SUI, Trump Coin (TRUMP), and Melania Coin (MELANIA), but these proposals have not yet progressed to the formal 19b-4 stage, which is necessary to initiate an SEC review.

一些發行人表示打算發起資金，跟踪Sui，Trump Coin（Trump）和Melania Coin（Melania）等較小帽子代幣，但這些提議尚未發展為正式的19B-4階段，這對於發起SEC審查是必要的。

Seyffart mentioned that SUI's chances appear to be comparable to those of the other altcoin filings. "I'll need to delve deeper for an official odds count, but I'd say it has similar prospects to the other altcoin ETFs," he stated.

Seyffart提到Sui的機會似乎與其他Altcoin申請的機會相媲美。他說：“我需要對正式的賠率進行更深入的研究，但我想說的是與其他Altcoin ETF相似的前景。”

The outlook for altcoin ETFs shifted significantly after U.S. President Donald Trump took office and appointed Paul Atkins, known for his pro-crypto stance, as chairman of the SEC.

在美國總統唐納德·特朗普（Donald Trump）上任並任命以親克萊普托（Crypto）立場聞名的保羅·阿特金斯（Paul Atkins）擔任SEC主席後，Altcoin ETF的前景發生了重大變化。

Atkins recently told industry participants that innovation "has been stifled" and the existing regulatory framework "badly needs attention."

阿特金斯（Atkins）最近告訴行業參與者，創新“被扼殺了”，現有的監管框架“非常需要關注”。