SEC，Crypto ETF和快速軌道：新時代？

SEC可能正在簡化加密ETF批准，可能會迎來一波新的投資產品並重塑數字資產格局。

SEC, Crypto ETFs, and the Fast Track: A New Era?

SEC，Crypto ETF和快速軌道：新時代？

The winds are shifting in the world of crypto ETFs. The SEC is reportedly exploring a standardized framework for listing token-based ETFs, potentially speeding up the approval process. Could this be the catalyst for a broader crypto adoption? Let's dive in.

在加密ETF的世界中，風正在變化。據報導，SEC正在探索一個標準化框架，用於列出基於令牌的ETF，並有可能加快批准過程。這可能是採用更廣泛的加密貨幣的催化劑嗎？讓我們潛水。

The SEC's Potential Fast Track

SEC的潛在快速軌道

According to a July 1, 2024 report, the SEC is collaborating with US exchanges on a generic listing framework for crypto ETFs. This initiative aims to eliminate the need for issuers to file individual rule-change requests. Instead, sponsors could submit a registration statement, observe a standard review period, and list their product once the waiting period ends.

根據2024年7月1日的報告，SEC正在與美國交易所合作，在加密ETF的通用清單框架上。該計劃旨在消除發行人提交單個規則變更請求的需求。相反，贊助商可以提交註冊表，觀察標準審核期，並在等待期結束後列出其產品。

Metrics like market capitalization, on-exchange trading volume, and daily liquidity are reportedly being considered as predetermined criteria for qualification. This shift would streamline the process and reduce back-and-forth between the SEC and ETF applicants.

據報導，諸如市值，交換交易量和每日流動性之類的指標被視為資格的預定標準。這種轉變將簡化該過程並減少SEC和ETF申請人之間的來回。

Analyst Optimism

分析師樂觀

Bloomberg ETF analysts are buzzing about the potential implications. James Seyffart called a generic standard “very good news,” emphasizing the clarity and regulatory certainty it would provide. Eric Balchunas echoed this sentiment, predicting a 95% approval outlook for most leading coins if thresholds are loose enough.

彭博ETF分析師正在嗡嗡作響。詹姆斯·塞夫特（James Seyffart）稱通用標準為“非常好消息”，強調了它將提供的清晰度和監管確定性。埃里克·巴爾庫納斯（Eric Balchunas）回應了這一觀點，預計如果閾值足夠鬆散，則大多數領先的硬幣的批准前景將有95％。

This could pave the way for multi-asset portfolios and staking-based structures, opening doors for ETFs based on cryptocurrencies like Solana, Litecoin, and XRP.

這可以為多資產投資組合和基於樁的結構鋪平道路，這是基於Solana，Litecoin和XRP等加密貨幣的ETF開門。

Ripple's Strategic Move and XRP's Future

Ripple的戰略舉動和XRP的未來

Ripple's decision to drop its cross-appeal against the SEC is another significant development. This move allows Ripple to focus on innovation and puts an end to a long chapter of legal battles. Crypto commentator Scott Melker highlighted that the lawsuit has no immediate legal effect on XRP itself, potentially freeing XRP from Ripple's regulatory woes.

Ripple決定將其對SEC進行交叉上訴的決定是另一個重大發展。此舉使Ripple專注於創新，並結束了長期的法律鬥爭。加密評論員斯科特·梅爾克（Scott Melker）強調，該訴訟對XRP本身沒有立即的法律影響，這有可能使XRP擺脫Ripple的監管困境。

Bloomberg’s James Seyffart estimates a 95% chance of a spot XRP ETF approval in 2025, signaling growing institutional recognition amid waning SEC pressures.

彭博社的詹姆斯·塞法特（James Seyffart）估計，在2025年獲得XRP ETF批准的機會有95％，這表明在逐漸減弱的壓力下，機構認可的增長。

Meme Coins and the Broader Crypto Landscape (Fast forward to 2025)

模因硬幣和更廣闊的加密景觀（快進到2025年）

Zooming ahead to July 1, 2025, the crypto market is experiencing a surge, with meme coins at the forefront. Institutional digital asset investment vehicles have recorded substantial inflows, and Germany’s largest bank is set to offer crypto trading in 2026, indicating a pro-crypto shift among banks.

加密市場的放大到2025年7月1日，Meme硬幣處於最前沿。機構數字資產投資工具已經記錄了大量流入，德國最大的銀行將在2026年提供加密貨幣交易，這表明銀行之間發生了親克賴特託的轉變。

Approval odds for Solana, Litecoin, and XRP ETFs have jumped to 95%, with analysts predicting a wave of new ETFs in the second half of 2025. This optimism extends to Dogecoin, Cardano, Polkadot, Hedera, and Avalanche ETFs, whose odds were bumped up to 90%.

Solana，Litecoin和XRP ETF的批准賠率已躍升至95％，分析師預測2025年下半年的新ETF浪潮。這種樂觀範圍擴展到Dogecoin，dogecoin，dogecoin，cardano，cardano，polkadot，hedera和avalanche ETF，其賠率被凸起到90％。

My Take

我的看法

The SEC's potential fast track for crypto ETFs, combined with Ripple's strategic move and the overall bullish sentiment in the crypto market, paints an exciting picture for the future. The streamlining of ETF approvals could attract more institutional investors, driving further adoption and innovation. While regulatory uncertainty remains a factor, these developments suggest a maturing crypto landscape. The meme coin hype is an interesting angle, but let's not forget that the ETF approval may boost those coins.

SEC對加密ETF的潛在快速軌道，再加上Ripple的戰略舉動和加密市場中的整體看漲情緒，為未來增添了令人興奮的畫面。 ETF批准的簡化可能會吸引更多的機構投資者，從而推動採用進一步的收養和創新。儘管監管不確定性仍然是一個因素，但這些事態發展表明是一個成熟的加密景觀。模因硬幣炒作是一個有趣的角度，但不要忘記，ETF批准可能會增強這些硬幣。

The Bottom Line

底線

So, buckle up, crypto enthusiasts! The SEC might just be giving crypto ETFs the green light to zoom past regulatory roadblocks. It's a brave new world, and who knows? Maybe your favorite meme coin will be next!

因此，搭扣，加密愛好者！ SEC可能只是向加密ETF提供綠燈，以放大監管障礙。這是一個勇敢的新世界，誰知道？也許您最喜歡的模因硬幣將是接下來的！