列出了第一个APTO（APT）交换贸易基金（ETF）的文件

对现场APT产品的需求已达到新的高度，而Crypto Asset Manager Bitwise是最新的公司向美国证券交易委员会（SEC）提交申请的公司，以列出现场APTO（APT）交易所交易基金（ETF）。

Key Takeaways:

关键要点：

* As crypto asset manager Bitwise continues its pursuit of launching exchange-traded funds (ETFs) with the U.S. Securities and Exchange Commission (SEC), its latest application is for an Aptos (APT) ETF.

*由于Crypto Asset Manager Bitwise继续追求与美国证券交易委员会（SEC）推出交易所交易资金（ETF）的最新申请，是针对Aptos（APT）ETF的。

* This follows Bitwise’s February 28th registration of a trust related to the Aptos ETF in Delaware, signaling their strong interest in this product.

*这是在Bitwise的2月28日对与特拉华州Aptos ETF相关的信任的注册，这表明了他们对该产品的浓厚兴趣。

* Aptos ETF is unique as Bitwise has been applying to launch ETFs for major cryptos including Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP, and Dogecoin (DOGE). However, the SEC has been turning down these applications.

* Aptos ETF是独一无二的，因为Bitwise一直申请为包括比特币（BTC），Ether（Eth），Solana（Solana（Sol），XRP和Dogecoin（Doge））的主要加密货币启动ETF。但是，SEC一直拒绝这些应用程序。

* Aptos is currently at a much earlier stage, ranking as the 36th largest cryptocurrency by market cap at $3.8 billion, according to CoinGecko, compared to the other cryptocurrencies Bitwise is targeting. This raises an important question: why Aptos?

* Aptos目前处于更早的阶段，与其他加密货币相比，Bitwise的目标是针对其他加密货币，将市值排名第36亿美元，为38亿美元。这就提出了一个重要的问题：为什么是Aptos？

* One theory is that Bitwise believes in the long-term potential of Aptos’s technology and ecosystem. Backed by its parallel execution engine, Block-STM, Aptos can reach a transaction speed of over 130,000 transactions per second (TPS) at a low cost. Moreover, the Aptos ecosystem is rapidly expanding with new projects and partnerships.

*一种理论是，比特相信Aptos技术和生态系统的长期潜力。在其并行执行引擎的支持下，Aptos可以以低成本达到每秒130,000多次交易的交易速度。此外，APTOS生态系统正在通过新项目和合作伙伴关系迅速扩展。

* To properly understand what an Aptos ETF would mean, we must delve deeper into the underlying technology that powers the Aptos blockchain. While many prior blockchains process transactions in sequence, Aptos has developed a parallelization engine—Block-STM—which allows transactions to be processed simultaneously, increasing the network’s throughput.

*为了正确理解Aptos ETF的含义，我们必须深入研究为Aptos区块链提供动力的基础技术。虽然许多先前的区块链处理交易，但APTOS开发了并行化引擎（Block-STM），该引擎允许同时处理交易，从而增加了网络的吞吐量。

* Unlike traditional blockchain models that face bottlenecks due to sequential transaction processing, Aptos’s innovative approach significantly enhances efficiency and scalability, positioning it as a strong contender in the competitive layer-1 space.

*与传统的区块链模型不同，由于顺序交易处理而面临瓶颈，Aptos的创新方法显着提高了效率和可扩展性，将其定位为在竞争性层次1空间中的强大竞争者。

* An active ecosystem is critical for any blockchain solution to be successful. Aptos is aggressively building partnerships and developing new projects. A prominent partnership is with Circle, which issues the USDC stablecoin. This integration simplifies how users access and use stablecoin within the Aptos community.

*主动生态系统对于任何区块链解决方案都至关重要。 Aptos正在积极建立伙伴关系并开发新项目。与Circle的重要伙伴关系是发行USDC Stablecoin的。这种集成简化了用户如何在Aptos社区中访问和使用Stablecoin。

* These programs aim to provide a variety of financial services available to users online in a permissionless, decentralized, and transparent way.

*这些计划旨在以无许可，分散和透明的方式为在线用户提供各种金融服务。

* The S-1 filing is only the initial phase of a potential multi-month approval process. Bitwise must also file a 19b-4 form for its Aptos ETF application. The SEC is then given 240 days to either approve it, deny it, or ask for more information.

* S-1归档只是潜在多个月批准过程的初始阶段。 Bitwise还必须为其Aptos ETF应用程序提交19b-4表格。然后将SEC 240天批准，否认或索取更多信息。

* The securities regulator’s decisions on the types of assets that can be included in U.S. ETFs carry significant weight and are closely followed by market participants.

*证券监管机构关于美国ETF中可以包含的资产类型的决定具有很大的重量，并且紧随其后的是市场参与者。

* Bitwise has opted to exclude a staking provision in the Aptos ETF to address regulatory concerns about potential risks to the underlying asset. Staking, in which users earn rewards for holding and “staking” their cryptocurrency rather than selling it, can add complications to ETF structures and raise concerns with the SEC.

* Bitwise选择排除Aptos ETF中的一项陈旧规定，以解决有关基础资产潜在风险的监管问题。用户在其中赢得了持有和“积分”加密货币而不是出售它的奖励，可以为ETF结构增加并发症，并引起与SEC的担忧。

* The spot Aptos ETF has listed Coinbase Custody as its proposed custodian, a trusted name in the industry with expertise in managing digital assets for institutional clients.

* AptAptos ETF已将Coinbase监护权列为拟议的托管人，该行业是该行业中值得信赖的名字，该名称具有为机构客户管理数字资产的专业知识。

* The APT price surged immediately following Bitwise’s Aptos ETF application, gaining more than 18% in a day and reaching $6.48. This move by the crypto asset management firm sparked interest among investors who may now have future access to the U.S. investment vehicle.

* Bitwise的Aptos ETF应用程序后立即飙升，每天增长了18％以上，达到6.48美元。加密资产管理公司的这一举动引起了投资者的兴趣，这些投资者现在可能将来可以使用美国投资工具。

* Bitwise’s filing for an Aptos ETF follows a trend of growing interest from institutional investors in altcoin-ETFs. As the SEC continues to review these applications, the approval of an Aptos ETF could be a key milestone.

* BITWISE提交给Aptos ETF的申请遵循了Altcoin-ETF的机构投资者日益增长的兴趣趋势。随着SEC继续审查这些应用程序，APTOS ETF的批准可能是一个关键的里程碑。

* This interest is also evident in the growing number of DeFi protocols and dApps being developed on the Aptos blockchain.

*在Aptos区块链上开发的DEFI协议和DAPP的数量越来越多，这种兴趣也很明显。

The Aptos ecosystem is rapidly expanding with new projects and partnerships. Among the projects in development are:

APTOS生态系统正在随着新项目和合作伙伴关系迅速扩展。开发项目中有：