Kaspa (KAS) ETF 2025 年獲得批准：可能性有多大？

Kaspa 不斷發展其技術，目標是成為最快的區塊鏈。在其不斷發展的技術和對其價格的看漲預測中，人們會想知道該代幣是否可以很快獲得 ETF。

Cryptocurrency Kaspa (KAS) has been quietly building institutional partnerships and technological foundations that could pave the way for its own exchange-traded fund (ETF).

加密貨幣 Kaspa (KAS) 一直在悄悄建立機構合作夥伴關係和技術基礎，這可能為其自己的交易所交易基金 (ETF) 鋪平道路。

ETFs are crucial bridges between traditional finance and cryptocurrency markets, providing the liquidity that institutional investors demand. For Kaspa, this bridge is already under construction.

ETF 是傳統金融和加密貨幣市場之間的重要橋樑，提供機構投資者所需的流動性。對卡斯帕來說，這座橋已經在建設中。

Standard Chartered’s subsidiary, Zodia Custody, now offers institutional-grade custody solutions for Kaspa. In Europe, Valor Finance has launched Kaspa ETPs, creating a blueprint for future ETF developments.

渣打銀行的子公司 Zodia Custody 現在為 Kaspa 提供機構級託管解決方案。在歐洲，Valor Finance推出了Kaspa ETP，為未來ETF的發展制定了藍圖。

There are also reports that Grayscale is evaluating Kaspa for potential ETF inclusion.

也有報告指出 Grayscale 正在評估 Kaspa 是否有可能納入 ETF。

Kaspa’s technological roadmap also strengthens its ETF prospects. The planned 10 Blocks Per Second upgrade in Q1 2025 would make it the fastest proof-of-work blockchain.

Kaspa 的技術路線圖也增強了其 ETF 前景。計劃在 2025 年第一季升級至每秒 10 個區塊，這將使其成為最快的工作量證明區塊鏈。

Moreover, smart contracts implementation in Summer 2025 would expand its functionality to compete with established platforms like Ethereum.

此外，2025 年夏季智慧合約的實施將擴展其功能，以與以太坊等成熟平台競爭。

Despite currently lacking certain features like U.S. Tier 1 exchange listings, Kaspa’s proof-of-work BlockDAG architecture addresses the blockchain trilemma of security, scalability, and decentralization. This technological foundation makes it an attractive option for institutional investors looking beyond Bitcoin and Ethereum.

儘管目前缺乏美國一級交易所上市等某些功能，但 Kaspa 的工作量證明 BlockDAG 架構解決了區塊鏈的安全性、可擴展性和去中心化的三難困境。這項技術基礎使其成為超越比特幣和以太坊的機構投資者的有吸引力的選擇。

Bloomberg senior ETF analyst Eric Balchunas stated that 2025 could see a wave of crypto ETF approvals. While Bitcoin and Ethereum will likely lead this wave, Kaspa’s advanced proof-of-work system and growing institutional backing position it as a strong contender in this space.

彭博社資深 ETF 分析師 Eric Balchunas 表示，2025 年可能會出現一波加密 ETF 批准浪潮。雖然比特幣和以太坊可能會引領這一浪潮，但 Kaspa 先進的工作量證明系統和不斷增長的機構支持使其成為該領域的有力競爭者。

While an ETF approval for Kaspa in 2025 isn’t guaranteed, the groundwork being laid suggests it’s a possibility to watch.

雖然不能保證 Kaspa ETF 在 2025 年獲得批准，但正在奠定的基礎表明有可能值得關注。

The project’s methodical approach to building infrastructure before pursuing massive publicity might prove beneficial in navigating the regulatory landscape.

該項目在進行大規模宣傳之前有條不紊地建設基礎設施，可能有助於適應監管環境。