VANECK文件用於物理支持的BNB ETF

領先的趨勢，韋克（Vaneck）是最早陷入加密ETF的資產經理之一，已經提出了新的文件。

Continuing its leadership in the emerging crypto-linked ETF market, VanEck has filed for a physically backed BNB ETF that would track the digital asset's price.

Vaneck繼續在新興的加密ETF市場中領導領導，申請了一個有力支持的BNB ETF，該BNB ETF將跟踪數字資產的價格。

This new offering from VanEck, one of the first asset managers to delve into crypto ETFs, expands its footprint in the emerging space.

Vaneck的這項新產品是最早研究加密ETF的資產經理之一，它擴大了其在新興領域的佔地面積。

The firm’s latest filing with the U.S. Securities and Exchange Commission (SEC) on Thursday seeks to launch an ETF that provides exposure to BNB without investors needing to hold the token itself.

該公司在周四向美國證券交易委員會（SEC）（SEC）提交的最新文件旨在推出一項ETF，該ETF在不需要持有令牌本身的情況下提供對BNB的曝光率。

This move is a bold attempt to validate altcoins within traditional financial circles. It marks the next phase of crypto acceptance on Wall Street and comes just months after spot Bitcoin and Ethereum ETFs made their long-awaited U.S. introduction.

此舉是在傳統金融界內驗證山寨幣的大膽嘗試。它標誌著在華爾街接受加密貨幣的下一個階段，在現場比特幣和以太坊ETF使他們期待已久的我們的介紹僅幾個月之後。

Why BNB and Why Now?

為什麼BNB，為什麼現在？

Out of the five biggest cryptocurrencies by market capitalization, BNB is the native token of Binance, the world's largest cryptocurrency exchange based on trading volume.

在市值五個最大的加密貨幣中，BNB是Binance的本地代幣，Binance是基於交易量的全球最大的加密貨幣交易所。

Besides being used as a trade token, BNB has several use cases in the BNB Chain ecosystem, including smart contracts, DeFi protocols, and payment of transaction fees.

除了被用作貿易代幣外，BNB還在BNB鏈生態系統中有幾種用例，包括智能合約，DEFI協議和交易費用。

The move by VanEck to launch a BNB ETF comes amid rising institutional demand for altcoins.

Vaneck提出BNB ETF的舉動在對山寨幣的機構需求不斷上升。

After the launch of Bitcoin and Ethereum ETFs had started to have knock-on effects on financial markets, altcoins like BNB, Solana, and even Chainlink are increasingly being touted as the next frontier.

在推出比特幣和以太坊之後，ETF開始對金融市場產生連鎖反應的影響，諸如BNB，Solana甚至Chainlink之類的AltCoins越來越被吹捧為下一個邊境。

However, the timing poses problems as well with prior leadership now subject to inquiry and ongoing compliance issues.

但是，時間安排也帶來了問題，現在先前的領導才能受到詢問和持續的合規性問題。

Binance has been coming under increasing regulatory scrutiny in the U.S. Though this poses a challenge, VanEck appears to be betting that the demand for offering optimal exposure to BNB through a safe, controlled investment vehicle will outweigh reputational concerns.

儘管這構成了挑戰，但在美國，Binance一直受到越來越多的監管審查，但Vaneck似乎押注，通過安全，受控的投資工具向BNB提供最佳敞口的需求將超過聲譽的問題。

Altcoins Find Their Way Into The ETF Discussion

Altcoins進入ETF討論

The registration might spark a broader trend of altcoin-oriented ETFs joining the market.

註冊可能會引發麵向AltCoin的ETF加入市場的更廣泛趨勢。

According to Ben Rockwell, an ETF analyst at TipRanks, should the BNB ETF gain popularity or approval, other top-tier cryptocurrencies may find a home there.

根據Tipranks的ETF分析師Ben Rockwell的說法，如果BNB ETF獲得受歡迎程度或批准，其他頂級加密貨幣可能會在那裡找到家。

"We could see more altcoins, such as Solana or Chainlink, become the subject of new ETF applications as the year progresses," Rockwell noted.

羅克韋爾指出：“隨著年份的發展，我們可以看到更多的AltCoins，例如Solana或Chainlink，成為新的ETF應用程序的主題。”

As cryptocurrency gains acceptance into traditional financial portfolios, this shift could fundamentally alter the ETF landscape.

隨著加密貨幣獲得傳統金融投資組合的接受，這種轉變可能從根本上改變了ETF景觀。

A successful BNB ETF would not only attest to BNB's value and network capability but also question the notion that only Bitcoin and Ethereum are "institutionally safe" assets.

成功的BNB ETF不僅可以證明BNB的價值和網絡能力，而且還質疑只有比特幣和以太坊是“機構安全”資產的觀念。

The Regulatory Obstacles

監管障礙

While there is optimism, the path to permission is uncertain.

儘管有樂觀的態度，但許可的途徑尚不確定。

The SEC has famously been hesitant to authorize spot crypto ETFs, especially for tokens that might be deemed securities.

SEC著名地猶豫不決地授權現場加密ETF，尤其是對於可能被認為是證券的代幣。

VanEck’s application will be closely examined, and opposition from authorities concerned about Binance's legal past or the complexity of the BNB ecosystem could develop.

Vaneck的應用將進行仔細檢查，並對有關Binance的法律過去或BNB生態系統的複雜性的當局的反對。

Still, VanEck's proactive approach continues to put pressure on authorities to respond to the emerging demand for diverse crypto ETFs.

儘管如此，Vaneck的積極主動方法仍在向當局施加壓力，以應對對各種加密ETF的新興需求。

The outcome of this lawsuit could set a precedent for how other digital assets are handled within the American financial system.

這項訴訟的結果可以為美國金融體系中其他數字資產如何處理。

VanEck Begins A New Revolution

Vaneck開始了新的革命

This attempt by VanEck to launch a BNB ETF is more than just a product launch; it's a calculated move designed to alter the narrative of cryptocurrencies within traditional finance.

Vaneck推出BNB ETF的嘗試不僅僅是產品推出。這是一個旨在改變傳統金融中加密貨幣的敘述的計算動作。

Whether the SEC grants approval or not, the submission has already paved the way for more serious conversations about how altcoins like BNB can integrate with institutional money.

不管SEC是否授予批准，提交的提交已經為有關BNB之類的Altcoins如何與機構資金集成的更嚴肅的對話鋪平了道路。