美國證券交易委員會（SEC）已批准Vaneck的以太坊交換基金（ETF）

美國證券交易委員會（SEC）批准了Vaneck的以太坊交易所基金（ETF），該基金也為5％的積分獎勵提供服務。

The U.S. Securities and Exchange Commission (SEC) has approved VanEck’s exchange-traded fund (ETF) that provides exposure to Ethereum and services 5% staking rewards.

美國證券交易委員會（SEC）已批准了Vaneck的交易所交易基金（ETF），該基金提供了以太坊和服務的風險5％。

The fund, ticker ETHV, is designed to provide investors with broad exposure to Ethereum’s price performance and engage in staking for added income. The development is a significant step in permitting cryptocurrency investment products to enter the regular financial markets.

該基金Ticker Ethv旨在為投資者提供廣泛的以太坊價格績效，並參與增加收入。該開發是允許加密貨幣投資產品進入常規金融市場的重要一步。

The ETF provides investors with access to the second-largest cryptocurrency by market capitalization, Ethereum, and allows them to engage in staking, where investors lock Ether (ETH) to support the operations they earn the 5%.

ETF為投資者提供了通過市值，以太坊的第二大加密貨幣，並允許他們參與積分，投資者將Ether（ETH）鎖定以支持他們賺取5％的運營。

VanEck’s move comes at a time where there’s growing demand for crypto-based funds that have features of regulatory compliance and income generation.

Vaneck的舉動是在對具有監管合規性和創收特徵的基於加密貨幣的基金需求不斷增長的時候。

According to a representative from VanEck, the ETF serves a dual purpose and provides investors with the chance to obtain exposure to Ethereum and earn incentives for staking. Firms are able to innovate in the ETF field as a result of the SEC’s more crypto-friendly laws.

Vaneck的一位代表說，ETF達到了雙重目的，並為投資者提供了獲得以太坊的機會並贏得積分激勵措施的機會。由於SEC對加密貨幣更友好的法律，公司能夠在ETF領域進行創新。

Staking Rewards and Fund Mechanics

積分獎勵和籌款機制

A part of the ETH holdings that vanEck’s Ethereum ETF invests in is through the reliable providers to secure and efficiency. Staking is locking Ether up to validate transactions on the Ethereum blockchain, and earn staked Ether rewards estimated to be up to 5% a year depending on network conditions.

Vaneck的Ethereum ETF投資的ETH持有的一部分是通過可靠的提供商來確保和效率。 Staking正在鎖定以太坊區塊鏈上的交易，並根據網絡條件賺取固定的以太獎勵估計每年高達5％。

The part of the ETH holdings that vanEck’s Ethereum ETF invests in is through the reliable providers to secure and efficiency. Staking is locking Ether up to validate transactions on the Ethereum blockchain, and earn staked Ether rewards estimated to be up to 5% a year depending on network conditions.

Vaneck的Ethereum ETF投資的ETH控股的一部分是通過可靠的提供商來確保和效率。 Staking正在鎖定以太坊區塊鏈上的交易，並根據網絡條件賺取固定的以太獎勵估計每年高達5％。

However, this fund differs from the traditional ETFs as it does not only track the price but also involves staking without any form of manipulative crypto wallet or any technical process for managing on the part of the investors. This also means that the ETF is an easy access point into the Ethereum ecosystem for both institutional and retail investors.

但是，該基金與傳統的ETF不同，因為它不僅跟踪價格，而且還涉及在沒有任何形式的操縱加密錢包或任何用於管理投資者的技術過程的情況下積累。這也意味著ETF是機構和零售投資者的以太坊生態系統的一個簡單訪問點。

During the staking period, the assets of the fund are held in secure custody and the Staked Ether is held on the trust’s wallet. To tackle liquidity issues, VanEck has put in place the unstaking period of 10 days for smooth redemption processes. “Our goal is to maximize returns while maintaining operational efficiency,” the spokesperson added.

在存放期間，該基金的資產被固定在安全的監護權中，並在信託的錢包上持有固定的以太。為了解決流動性問題，Vaneck已建立了10天的懸而未決的時期，以進行平穩的救贖過程。發言人補充說：“我們的目標是在保持運營效率的同時最大化回報。”

VanEck’s Ethereum ETF, quoted on the Cboe BZX Exchange, derives its price from the MarketVector Ethereum Benchmark Rate. On VanEck’s official website, investors are fortunate enough to be able to see the expense ratio as well as detailed performance metrics.

Vaneck的Ethereum ETF在CBOE BZX交易所引用，其價格來自市場向量以太坊基准率。在Vaneck的官方網站上，投資者很幸運，能夠看到費用比率以及詳細的績效指標。

Regulatory Milestone and Market Impact

監管里程碑和市場影響

This is a big step in the way the SEC views cryptocurrencies as they approve VanEck’s Ethereum ETF with staking capabilities. Historically, SEC leadership exhibited hesitance in sanctioning staking within ETFs, primarily due to concerns regarding the classification of proof of stake tokens as securities.

這是SEC批准Vaneck的Ethereum ETF的重要一步。從歷史上看，SEC領導層在製裁ETF中表現出猶豫不決，這主要是由於擔心將股權代幣證明作為證券的分類。

It has changed, and VanEck’s fund is one of the last innovative products that may well be able to capitalize on this. This follows successful spot Bitcoin ETF launches in January 2024 and spot Ethereum ETF launches in July 2024 with combined inflows.

它發生了變化，Vaneck的基金是可能能夠利用這一點的最後創新產品之一。這是在2024年1月成功推出的成功現場比特幣ETF，並於2024年7月發行了Ethereum ETF，並隨著流入量的總和。

It’s likely that investors seeking to diversify their crypto exposure with potential for yield will be looking at VanEck’s ETF. The ETF would be more competitive than other Ethereum funds as the latter are unwilling to earn income. Industry observers believe that stake enabled ETFs have the potential to grow the network security of Ethereum by increasing staked Ether which benefits the entire ecosystem.

試圖通過潛在的收益率來多元化的加密貨幣曝光的投資者可能會考慮Vaneck的ETF。 ETF比其他以太坊基金更具競爭力，因為後者不願賺錢。行業觀察者認為，啟用利益的ETF有可能通過增加固定的醚來提高以太坊的網絡安全，從而使整個生態系統受益。

VanEck’s move is in line with rising institutional interest in cryptocurrencies. In addition, the firm has sought approval for ETFs on other digital assets including Solana and Avalanche, which points to a broader attempt to enter altcoin ETFs.

Vaneck的舉動與加密貨幣的機構興趣不斷增加。此外，該公司還尋求批准ETF，包括Solana和Avalanche在內的其他數字資產，這指出了進入Altcoin ETF的更廣泛嘗試。

Furthermore, this also means that the arrival of the Ethereum ETF sets a precedent for how other staking enabled products may reshape the crypto investment landscape.

此外，這也意味著以太坊ETF的到來為其他啟用啟用的產品重塑加密投資景觀的先例樹立了先例。