以太坊 ETF 质押：超越比特币的新领域

加密货币市场的创新可能即将进入新的篇章，可能将质押整合到以太坊 ETF 中。

Major research and brokerage firm Bernstein has expressed its belief in the potential approval by the U.S. Securities and Exchange Commission (SEC) for the staking yield of the blockchain exchange-traded fund (ETF), as per information published by The Block.

根据 The Block 发布的信息，主要研究和经纪公司 Bernstein 表示相信美国证券交易委员会 (SEC) 可能会批准区块链交易所交易基金 (ETF) 的质押收益率。

In a note on Thursday, November 2, the company's analysts stated that staking yields are expected to be approved for spot Ethereum ETFs in the US under President Donald Trump. This would be, in the experts' view, one of the four factors driving the resurgence of interest in the asset.

在 11 月 2 日星期四的一份报告中，该公司分析师表示，在唐纳德·特朗普总统的领导下，美国现货以太坊 ETF 的质押收益率预计将获得批准。专家认为，这将是推动对该资产兴趣复苏的四个因素之一。

However, analysts have highlighted ETH’s struggles as a store of value compared to bitcoin, as well as facing stiff competition from other faster Layer 1 blockchains such as Solana (SOL), Sui and Aptos (APT). However, Bernstein expert Gautam Chhugani has highlighted that Ethereum’s risk-reward currently looks attractive, highlighting four growth catalysts. Analysts say the potential inclusion of yield staking is one such factor.

然而，分析师强调，与比特币相比，ETH 作为价值储存手段的难度很大，并且面临着来自 Solana (SOL)、Sui 和 Aptos (APT) 等其他更快的第 1 层区块链的激烈竞争。然而，伯恩斯坦专家 Gautam Chhugani 强调，以太坊的风险回报目前看起来很有吸引力，并强调了四个增长催化剂。分析师表示，潜在的收益抵押就是其中之一。

“We believe that under a new crypto-friendly Trump 2.0 SEC, ETH staking yield will likely be approved,” the analysts wrote.

分析师写道：“我们相信，在新的加密友好特朗普 2.0 SEC 下，ETH 质押收益率可能会获得批准。”

In other news, asset manager 21Shares recently announced a major update to its Ethereum ETP, which includes the introduction of the staking service, as well as the renaming of the product to Ethereum Core Staking ETP.

其他消息方面，资产管理公司 21Shares 最近宣布对其以太坊 ETP 进行重大更新，其中包括引入 Stake 服务，以及将产品重命名为以太坊核心 Stake ETP。

The introduction of staking in Ethereum ETFs could mark a new era of innovation in the cryptocurrency market. This strategy, according to Wan, could not only reduce management fees, but also significantly increase the volume of Ethereum staking, offering more advantages to investors and positioning these funds in a more competitive situation in relation to Bitcoin ETFs.

以太坊 ETF 质押的引入可能标志着加密货币市场创新的新时代。万表示，这一策略不仅可以降低管理费，还可以显着增加以太坊质押量，为投资者提供更多优势，并使这些基金相对于比特币 ETF 更具竞争力。

In the United States, the adoption of Ethereum ETF staking still faces regulatory hurdles, with the Securities and Exchange Commission (SEC) concerned about classifying staking services as unregistered securities offerings. This contrasts with Europe, where companies like CoinShares and Bitwise are already benefiting from staking rewards at more affordable rates, demonstrating the viability of the model.

在美国，以太坊 ETF 质押的采用仍面临监管障碍，美国证券交易委员会 (SEC) 担心将质押服务归类为未注册的证券发行。这与欧洲形成鲜明对比，在欧洲，CoinShares 和 Bitwise 等公司已经以更实惠的价格从质押奖励中受益，这证明了该模型的可行性。

At press time, Ethereum was trading down 2.8% in the last 24 hours at US$3.590,83

截至发稿时，以太坊在过去 24 小时内下跌 2.8%，至 3.590,83 美元