美国证券交易委员会（SEC）已批准Vaneck的以太坊交换基金（ETF）

美国证券交易委员会（SEC）批准了Vaneck的以太坊交易所基金（ETF），该基金也为5％的积分奖励提供服务。

The U.S. Securities and Exchange Commission (SEC) has approved VanEck’s exchange-traded fund (ETF) that provides exposure to Ethereum and services 5% staking rewards.

美国证券交易委员会（SEC）已批准了Vaneck的交易所交易基金（ETF），该基金提供了以太坊和服务的风险5％。

The fund, ticker ETHV, is designed to provide investors with broad exposure to Ethereum’s price performance and engage in staking for added income. The development is a significant step in permitting cryptocurrency investment products to enter the regular financial markets.

该基金Ticker Ethv旨在为投资者提供广泛的以太坊价格绩效，并参与增加收入。该开发是允许加密货币投资产品进入常规金融市场的重要一步。

The ETF provides investors with access to the second-largest cryptocurrency by market capitalization, Ethereum, and allows them to engage in staking, where investors lock Ether (ETH) to support the operations they earn the 5%.

ETF为投资者提供了通过市值，以太坊的第二大加密货币，并允许他们参与积分，投资者将Ether（ETH）锁定以支持他们赚取5％的运营。

VanEck’s move comes at a time where there’s growing demand for crypto-based funds that have features of regulatory compliance and income generation.

Vaneck的举动是在对具有监管合规性和创收特征的基于加密货币的基金需求不断增长的时候。

According to a representative from VanEck, the ETF serves a dual purpose and provides investors with the chance to obtain exposure to Ethereum and earn incentives for staking. Firms are able to innovate in the ETF field as a result of the SEC’s more crypto-friendly laws.

Vaneck的一位代表说，ETF达到了双重目的，并为投资者提供了获得以太坊的机会并赢得积分激励措施的机会。由于SEC对加密货币更友好的法律，公司能够在ETF领域进行创新。

Staking Rewards and Fund Mechanics

积分奖励和筹款机制

A part of the ETH holdings that vanEck’s Ethereum ETF invests in is through the reliable providers to secure and efficiency. Staking is locking Ether up to validate transactions on the Ethereum blockchain, and earn staked Ether rewards estimated to be up to 5% a year depending on network conditions.

Vaneck的Ethereum ETF投资的ETH持有的一部分是通过可靠的提供商来确保和效率。 Staking正在锁定以太坊区块链上的交易，并根据网络条件赚取固定的以太奖励估计每年高达5％。

The part of the ETH holdings that vanEck’s Ethereum ETF invests in is through the reliable providers to secure and efficiency. Staking is locking Ether up to validate transactions on the Ethereum blockchain, and earn staked Ether rewards estimated to be up to 5% a year depending on network conditions.

Vaneck的Ethereum ETF投资的ETH控股的一部分是通过可靠的提供商来确保和效率。 Staking正在锁定以太坊区块链上的交易，并根据网络条件赚取固定的以太奖励估计每年高达5％。

However, this fund differs from the traditional ETFs as it does not only track the price but also involves staking without any form of manipulative crypto wallet or any technical process for managing on the part of the investors. This also means that the ETF is an easy access point into the Ethereum ecosystem for both institutional and retail investors.

但是，该基金与传统的ETF不同，因为它不仅跟踪价格，而且还涉及在没有任何形式的操纵加密钱包或任何用于管理投资者的技术过程的情况下积累。这也意味着ETF是机构和零售投资者的以太坊生态系统的一个简单访问点。

During the staking period, the assets of the fund are held in secure custody and the Staked Ether is held on the trust’s wallet. To tackle liquidity issues, VanEck has put in place the unstaking period of 10 days for smooth redemption processes. “Our goal is to maximize returns while maintaining operational efficiency,” the spokesperson added.

在存放期间，该基金的资产被固定在安全的监护权中，并在信托的钱包上持有固定的以太。为了解决流动性问题，Vaneck已建立了10天的悬而未决的时期，以进行平稳的救赎过程。发言人补充说：“我们的目标是在保持运营效率的同时最大化回报。”

VanEck’s Ethereum ETF, quoted on the Cboe BZX Exchange, derives its price from the MarketVector Ethereum Benchmark Rate. On VanEck’s official website, investors are fortunate enough to be able to see the expense ratio as well as detailed performance metrics.

Vaneck的Ethereum ETF在CBOE BZX交易所引用，其价格来自市场向量以太坊基准率。在Vaneck的官方网站上，投资者很幸运，能够看到费用比率以及详细的绩效指标。

Regulatory Milestone and Market Impact

监管里程碑和市场影响

This is a big step in the way the SEC views cryptocurrencies as they approve VanEck’s Ethereum ETF with staking capabilities. Historically, SEC leadership exhibited hesitance in sanctioning staking within ETFs, primarily due to concerns regarding the classification of proof of stake tokens as securities.

这是SEC批准Vaneck的Ethereum ETF的重要一步。从历史上看，SEC领导层在制裁ETF中表现出犹豫不决，这主要是由于担心将股权代币证明作为证券的分类。

It has changed, and VanEck’s fund is one of the last innovative products that may well be able to capitalize on this. This follows successful spot Bitcoin ETF launches in January 2024 and spot Ethereum ETF launches in July 2024 with combined inflows.

它发生了变化，Vaneck的基金是可能能够利用这一点的最后创新产品之一。这是在2024年1月成功推出的成功现场比特币ETF，并于2024年7月发行了Ethereum ETF，并随着流入量的总和。

It’s likely that investors seeking to diversify their crypto exposure with potential for yield will be looking at VanEck’s ETF. The ETF would be more competitive than other Ethereum funds as the latter are unwilling to earn income. Industry observers believe that stake enabled ETFs have the potential to grow the network security of Ethereum by increasing staked Ether which benefits the entire ecosystem.

试图通过潜在的收益率来多元化的加密货币曝光的投资者可能会考虑Vaneck的ETF。 ETF比其他以太坊基金更具竞争力，因为后者不愿赚钱。行业观察者认为，启用利益的ETF有可能通过增加固定的醚来提高以太坊的网络安全，从而使整个生态系统受益。

VanEck’s move is in line with rising institutional interest in cryptocurrencies. In addition, the firm has sought approval for ETFs on other digital assets including Solana and Avalanche, which points to a broader attempt to enter altcoin ETFs.

Vaneck的举动与加密货币的机构兴趣不断增加。此外，该公司还寻求批准ETF，包括Solana和Avalanche在内的其他数字资产，这指出了进入Altcoin ETF的更广泛尝试。

Furthermore, this also means that the arrival of the Ethereum ETF sets a precedent for how other staking enabled products may reshape the crypto investment landscape.

此外，这也意味着以太坊ETF的到来为其他启用启用的产品重塑加密投资景观的先例树立了先例。