巴西批准第二只 Solana ETF，美国监管机构正在考虑 Token 的分类

巴西监管机构已根据 CVM 数据库批准了第二只 Solana 交易所交易基金 [ETF]。新的 SOL ETF 由巴西资产管理公司 Hashdex 发行

Brazil has authorized the second Solana (SOL) exchange-traded fund (ETF) in the country, according to the Brazilian Securities and Exchange Commission (CVM) database.

根据巴西证券交易委员会 (CVM) 数据库的信息，巴西已批准该国第二只 Solana (SOL) 交易所交易基金 (ETF)。

The new SOL ETF is being launched by Brazilian asset manager Hashdex, which has over $962 million in assets under management, in partnership with local investment bank BTG Pactual.

新的 SOL ETF 由巴西资产管理公司 Hashdex 与当地投资银行 BTG Pactual 合作推出，该公司管理的资产超过 9.62 亿美元。

According to the CVM, the new fund is currently in a pre-operational phase.

据CVM称，新基金目前正处于预运营阶段。

Earlier this year, the South American nation created history when the CVM greenlighted the first-ever spot SOL ETF. The fund is being offered by QR — known for its Bitcoin and Ethereum ETFs — and will be managed by Vortx.

今年早些时候，CVM 批准了首个现货 SOL ETF，这个南美国家创造了历史。该基金由以比特币和以太坊 ETF 闻名的 QR 提供，并将由 Vortx 管理。

Currently, the ETF is awaiting final approval from B3, Brazil's main stock exchange, and is expected to hit the market within 90 days.

目前，该ETF正在等待巴西主要证券交易所B3的最终批准，预计将在90天内上市。

Following the approval of the Ethereum ETF, there was speculation among crypto enthusiasts about the possibility of a spot SOL ETF.

在以太坊 ETF 获得批准后，加密货币爱好者对现货 SOL ETF 的可能性进行了猜测。

However, in the United States, experts have expressed concerns over the token's close ties with Solana Labs, which could lead regulators to classify it more as a security or stock rather than a commodity asset, presenting potential legal hurdles.

然而，在美国，专家对该代币与 Solana Labs 的密切关系表示担忧，这可能导致监管机构将其更多地归类为证券或股票，而不是商品资产，从而带来潜在的法律障碍。

In light of this, the U.S. Securities and Exchange Commission (SEC) recently held a closed-door meeting with ETF issuers to discuss whether the token could be classified as a security.

有鉴于此，美国证券交易委员会（SEC）最近与ETF发行人举行闭门会议，讨论该代币是否可以被归类为证券。

After the discussions, CBOE decided not to submit the relevant 19b-4 form to avoid initiating the approval process. While VanEck's S-1 registration statement for the Solana ETF is still available for viewing, 21Shares' registration statement has been withdrawn.

经过讨论，CBOE决定不提交相关的19b-4表格，以避免启动审批程序。虽然 VanEck 的 Solana ETF 的 S-1 注册声明仍然可供查看，但 21Shares 的注册声明已被撤回。

Solana ETFs In the USDespite other cryptocurrencies, such as Bitcoin and Ethereum, having approved ETFs, experts believe that the chances of SOL ETFs being approved in the U.S. under the current administration are low, and it might not happen until 2025, if at all.

Solana ETF 在美元中，尽管比特币和以太坊等其他加密货币已经批准了 ETF，但专家认为，在本届政府的领导下，SOL ETF 在美国获得批准的可能性很低，而且即使有的话，也可能要到 2025 年才会发生。

Despite these concerns, there is a palpable buzz around Solana ETFs in the U.S. The head of Digital Asset Research at VanEck is still bullish on the SOL ETF, even after CBOE withdrew its 19b-4 filing.

尽管存在这些担忧，但美国围绕 Solana ETF 的热度仍不减。 即使 CBOE 撤回了 19b-4 备案文件，VanEck 数字资产研究主管仍然看好 SOL ETF。

Furthermore, the Brazilian regulator's approval of the SOL ETF is sure to capture the attention of institutional investors and financial advisors, who are increasingly exploring avenues to offer SOL exposure to their clients.

此外，巴西监管机构对 SOL ETF 的批准肯定会引起机构投资者和财务顾问的注意，他们正在越来越多地探索向客户提供 SOL 敞口的途径。

If successful, this could potentially accelerate the mainstream adoption of Solana and its ecosystem and further integrate its technology into global financial systems.

如果成功，这可能会加速 Solana 及其生态系统的主流采用，并进一步将其技术融入全球金融系统。