Solana (SOL) 會成為下一個獲得現貨 ETF 的加密貨幣嗎？

在監管預期中，市場分析師熱切等待 SEC 批准或不批准以太坊 ETF 的決定。分析師對潛在的批准押注很高，這在金融界掀起了巨大的波瀾。

Market analysts are eagerly awaiting the SEC’s decision on whether or not to approve an Ethereum ETF, a move that could have far-reaching implications for the cryptocurrency market.

市場分析師正在熱切等待 SEC 關於是否批准以太坊 ETF 的決定，此舉可能對加密貨幣市場產生深遠影響。

If an Ethereum ETF is approved, it could open the door for other altcoins to follow suit, especially those that are already well-established and have a large market capitalization. Among the altcoins that are being mentioned as potential candidates for the next spot ETF are Solana (SOL), Litecoin (LTC), and Dogecoin (DOGE).

如果以太坊 ETF 獲得批准，可能會為其他山寨幣效仿打開大門，尤其是那些已經成熟且市值較大的山寨幣。被認為是下一個現貨 ETF 潛在候選人的山寨幣包括 Solana (SOL)、Litecoin (LTC) 和 Dogecoin (DOGE)。

Solana has been the subject of speculation for the next ETF, with BKCM CEO Brian Kelly suggesting in a CNBC interview that SOL could be a strong candidate. Rumors from Hong Kong also indicate that an issuer is preparing for a SOL ETF. However, Solana faces unique challenges as it is currently classified as a security by the SEC, which could complicate its ETF prospects.

Solana 一直是下一個 ETF 猜測的主題，BKCM 執行長 Brian Kelly 在接受 CNBC 採訪時表示 SOL 可能是一個強有力的候選人。來自香港的傳言也表明，發行人正在準備 SOL ETF。然而，Solana 面臨著獨特的挑戰，因為它目前被 SEC 歸類為證券，這可能使其 ETF 前景變得複雜。

Altcoins like Solana (SOL) could be added if an Ethereum ETF is approved, which could trigger a domino effect, leading to more spot ETFs for various cryptocurrencies.

如果以太坊 ETF 獲得批准，則可能會添加 Solana (SOL) 等山寨幣，這可能會引發骨牌效應，從而導致各種加密貨幣的現貨 ETF 出現更多。

Solana is currently lacking a futures ETF in the US, which could be a setback in terms of acquiring an ETF approval. Moreover, a major ETF issuer has expressed disinterest in launching ETFs beyond Bitcoin and Ethereum, which could further narrow the possibilities.

Solana 目前在美國缺乏期貨 ETF，這可能會成為獲得 ETF 批准的障礙。此外，一家主要 ETF 發行人表示對推出比特幣和以太坊以外的 ETF 不感興趣，這可能會進一步縮小可能性。

Despite these challenges, Solana might still be in the running for the next ETF, considering its popularity, market demand, and the recent approval of a Grayscale SOL trust.

儘管面臨這些挑戰，考慮到 Solana 的受歡迎程度、市場需求以及最近批准的灰階 SOL 信託基金，Solana 可能仍在競選下一個 ETF。

On the other hand, some analysts believe that altcoins like Litecoin (LTC) or Dogecoin (DOGE) might be more likely candidates for the next spot ETF, due to their proof-of-work consensus mechanisms aligning more closely with regulatory expectations.

另一方面，一些分析師認為，萊特幣（LTC）或狗狗幣（DOGE）等山寨幣更有可能成為下一個現貨 ETF 的候選者，因為它們的工作量證明共識機制更符合監管預期。

Bloomberg analyst James Seyffart suggested that the CFTC approval of a futures ETF could benefit a Solana SPOT ETF. Moreover, the FIT21 Crypto Bill might expedite this process. However, Seyffart also noted a lack of demand for ETFs for other altcoins like LTC and DOGE.

彭博分析師 James Seyffart 表示，CFTC 批准期貨 ETF 可能有利於 Solana SPOT ETF。此外，FIT21 加密貨幣法案可能會加快這一過程。然而，Seyffart 也指出，LTC 和 DOGE 等其他山寨幣的 ETF 缺乏需求。

Cinneamhain Ventures partner Adam Cochran suggested that Litecoin (LTC) or Dogecoin (DOGE) might be more likely candidates for the next spot ETF, due to their proof-of-work consensus mechanisms aligning more closely with regulatory expectations.

Cinneamhain Ventures 合夥人 Adam Cochran 表示，萊特幣 (LTC) 或狗狗幣 (DOGE) 可能更有可能成為下一個現貨 ETF 的候選者，因為它們的工作量證明共識機制更符合監管預期。

At the same time, Bitwise Investment CEO Hunter Horsley argued against the need for separate ETFs for altcoins, stating that Bitwise’s 10 Crypto Index Fund already exposes investors to Bitcoin, Ethereum, Solana, and the top seven other altcoins.

同時，Bitwise Investment 執行長 Hunter Horsley 反對為山寨幣單獨設立 ETF 的必要性，表示 Bitwise 的 10 加密貨幣指數基金已經讓投資者接觸到比特幣、以太坊、Solana 和其他七大山寨幣。

Bitcoin maximalists, on the other hand, strongly oppose the potential introduction of a Solana ETF. “The Bitcoin Therapist,” a notable Bitcoin maximalist, raised concerns on CNBC, arguing that the inclusion of Ethereum in the spot ETF market has led to a flood of lesser-known cryptocurrencies, often called “shitcoins.” He believes that expanding the ETF market to include altcoins like Solana could further dilute the perceived value and legitimacy of Bitcoin.

另一方面，比特幣最大化主義者強烈反對可能引入 Solana ETF。著名的比特幣極端主義者「比特幣治療師」對 CNBC 表示擔憂，認為將以太坊納入現貨 ETF 市場導致大量不太知名的加密貨幣（通常被稱為「垃圾幣」）氾濫。他認為，擴大 ETF 市場以納入 Solana 等山寨幣可能會進一步削弱比特幣的感知價值和合法性。

However, the chance of an ETH ETF approval remains doubtful due to regulatory issues with Ethereum and Solana. If an ETF is approved, it signifies approval of their legal status, which could complicate the process in the US. It’s worth noting that Solana currently lacks a futures-based ETF in the US.

然而，由於以太坊和 Solana 的監管問題，ETH ETF 獲得批准的機會仍然令人懷疑。如果ETF獲得批准，則意味著其法律地位獲得批准，這可能會使美國的流程變得複雜。值得注意的是，Solana 目前在美國缺乏基於期貨的 ETF。