72 Crypto ETF文件堆放在SEC的办公桌上，表明投资者的胃口增加。 XRP和Solana主导着堆

新SEC主席保罗·阿特金斯（Paul Atkins）拥有600万美元与加密货币相关的投资，他面临着高风险的决定。 XRP和Solana在ETF文件中窃取了领先优势。

The U.S. Securities and Exchange Commission (SEC) has a backlog of 72 exchange-traded fund (ETF) filings, with applications for XRP and Solana ETFs forming the bulk of the submissions, according to a Bloomberg report on Friday.

根据彭博社上的一份报告，美国证券交易委员会（SEC）拥有72个交易所交易基金（ETF）文件的积压，并申请了XRP和Solana ETF的申请，构成了大部分提交意见。

The report by Eric Balchunas, a Bloomberg ETF analyst, noted that out of the 72 ETF filings awaiting the SEC's review, 18 are for XRP ETFs and 17 are for Solana ETFs. Together, these filings constitute nearly half of the total number of ETF applications pending with the regulator.

彭博ETF分析师埃里克·巴尔库纳斯（Eric Balchunas）的报告指出，在等待SEC审查的72个ETF文件中，有18个用于XRP ETF，而17个用于Solana ETF。总之，这些文件构成了调节器待处理的ETF应用总数的几乎一半。

The large number of XRP ETF filings follows the crypto asset's legal win against the SEC earlier this year, which cleared the path for ETF issuers to apply for such products. On the other hand, Solana's appeal lies in its lightning-fast blockchain, which can process thousands of transactions per second, dwarfing Bitcoin and Ethereum, which have dominated past waves of ETF launches.

XRP ETF的大量申请遵循了加密资产对SEC的法律胜利，这使ETF发行人申请此类产品的途径扫清了道路。另一方面，Solana的吸引力在于其闪电般的区块链，该区块链可以每秒处理数千笔交易，矮小的比特币和以太坊，这些比特币和以太坊都占据了ETF发射的浪潮。

The filings also include applications for meme coin ETFs, with products like DOGE, PENGU, TRUMP, MELANIA, and BONK ETFs all pending approval by the SEC. Some of the filings include proposals for 2X leveraged funds, which would double the potential reward and risk for investors.

这些文件还包括对Meme Coin ETF的申请，以及Doge，Pengu，Trump，Melania和Bonk ETF等产品，均已获得SEC的批准。一些文件包括针对2倍杠杆资金的建议，这将使投资者的潜在奖励和风险增加一倍。

Leveraged ETFs are designed to amplify the daily return or loss of an underlying index or security, thereby increasing both the potential gains and losses for investors. In the case of meme coins, which are already known for their high volatility, leveraged ETFs could turbocharge this instability.

杠杆ETF旨在扩大基础指数或安全性的每日回报或损失，从而增加投资者的潜在收益和损失。对于以其高波动率而闻名的模因硬币，杠杆ETF可能会涡轮增压这种不稳定。

For instance, DOGE's price soared by 300% in 2021, only to decline by 80% the following year, according to data from CoinGecko.

例如，根据Coingecko的数据，Doge的价格在2021年飙升了300％，仅在次年下降了80％。

Meanwhile, Paul Atkins, who took over as the SEC chair this year, has disclosed hefty crypto investments in his latest financial filing. According to a report by The Block, Atkins's investments in crypto-related assets total around $6 million.

同时，今年接任SEC主席的保罗·阿特金斯（Paul Atkins）在他的最新金融文件中透露了大量加密投资。根据该街区的一份报告，阿特金斯（Atkins）对加密相关资产的投资总计约为600万美元。

This substantial stake in the cryptocurrency market is sure to raise eyebrows among market watchers, especially given Atkins's role as the head of the SEC, the agency that regulates the securities industry and has the final say on whether to approve new ETFs.

在加密货币市场中的这种大量股份肯定会引起市场观察者的关注，尤其是鉴于阿特金斯（Atkins）作为SEC负责人的角色，该机构是对证券行业进行监管的机构，并且关于是否批准新ETF的最终发言权。

Atkins's investments signal a personal tie to the crypto market, which could shape his view on the 72 ETF filings that are currently pending with the SEC. However, it's worth noting that no specifics on Atkins's assets are public, leaving analysts to parse the implications of his investments.

阿特金斯（Atkins）的投资标志着与加密货币市场（Crypto Market）的个人关系，这可能会影响他对目前正在与SEC待定的72 ETF申请的看法。但是，值得注意的是，关于阿特金斯资产的任何细节都不是公开的，分析师可以解析其投资的含义。

The SEC's mandate is to protect investors, and its decision on the ETF filings could have far-reaching consequences for the future of crypto in the U.S.

SEC的任务是保护投资者，其对ETF申请的决定可能会对美国的Crypto的未来产生深远的影响

If the SEC approves the ETFs, it could open the door for billions of dollars in institutional money to pour into the crypto market. For example, BlackRock's Bitcoin ETF, which was approved earlier this year after years of rejections, pulled in $10 billion in its first six months.

如果SEC批准ETF，它可能会为数十亿美元的机构资金打开大门，以投入加密市场。例如，贝莱德（Blackrock）的比特币ETF（经过多年的拒绝之后，今年早些时候获得批准）在其头六个月中赚了100亿美元。

However, the approval of meme coin ETFs could pose a dilemma for the SEC, as it would legitimize speculative assets and could lure retail investors into making risky investments.

但是，Meme Coin ETF的批准可能会对SEC构成困境，因为它将使投机资产合法化，并可能吸引散户投资者进行风险投资。

Some critics, like former SEC official John Reed Stark, have warned of "market chaos" if the SEC approves leveraged meme coin ETFs.

一些批评家，例如前美国证券交易委员会（SEC）官员约翰·里德·史塔克（John Reed Stark），如果SEC批准了杠杆模因硬币ETF，则警告“市场混乱”。

"Can you imagine the market chaos if the SEC approves / registers any of the (unbelievable) pending leveraged meme coin ETFs (e.g., 2X leveraged TRUMP, HEGEMONY, BONK, or Pengu ETFs) that some ETF issuers have filed with the SEC?" Stark wrote on X, formerly Twitter.

“如果SEC批准 /注册了任何（令人难以置信的）持续的模因硬币ETF（例如，有2倍的杠杆特朗普，霸权，Bonk或Pengu ETF），您能想象市场混乱吗？斯塔克在X上写道，以前是Twitter。

The SEC has faced pressure from institutional investors to approve a Bitcoin ETF for over a decade, and it wasn't until 2024 that the regulator finally gave the green light to such products.

SEC已经面临机构投资者批准比特币ETF的压力，十多年了，直到2024年，监管机构才最终将绿灯送给了此类产品。

This shift in stance suggests a thaw in the regulatory frost, but even as the SEC chairman faces a high-stakes decision on the 72 ETF filings, the regulator's approval of meme coin ETFs would test the limits of this change in attitude.

这种立场的转变暗示了监管霜冻中的融化，但是即使SEC主席对72 ETF申请作出高风险的决定，监管机构对Meme Coin ETF的批准也会测试这种态度变化的局限性。

This article was originally published on Benzinga and has been edited and republished with permission.

这篇文章最初发表在Benzinga上，并经过许可而被编辑和重新发布。