SEC审查中的SOLANA（SOL）ETF提案，10月应付款

SEC已将其对灰度拟议的Solana ETF的审查扩展，将最终决定推迟到10月。

The SEC has pushed back its review of Grayscale’s proposed Solana ETF, extending the decision deadline to October.

SEC已推迟对Grayscale提议的Solana ETF的审查，将决定截止日期延长到10月。

The extension comes after the standard 240-day evaluation window for 19b-4 filings, which are used for new exchange-traded products and similar financial instruments.

该扩展名是在19b-4档案的标准240天评估窗口之后，该档案用于新的交易所交易产品和类似的金融工具。

The Solana ETF, which is being listed on NYSE, is still under review as the agency assesses its regulatory compliance and broader market impact.

纽约证券交易所（NYSE）上市的Solana ETF仍在审查中，因为该机构评估了其监管合规性和更广泛的市场影响。

Grayscale’s filing was acknowledged by the SEC earlier this year, kicking off the formal process for reviewing the Solana ETF in accordance with existing securities laws.

SEC今年早些时候认可了Grayscale的申请，从现有证券法开始审查Solana ETF的正式程序。

However, the agency has yet to approve or reject the proposal, which is still being assessed by the SEC. This delay aligns with the agency’s actions on other crypto-based financial products.

但是，该机构尚未批准或拒绝该提案，该提案仍由SEC评估。这种延迟与该机构对其他基于加密的金融产品的行动保持一致。

The Solana ETF is being proposed at a time when the SEC is increasing scrutiny of digital assets and how they are used in financial markets.

在SEC正在增加对数字资产的审查以及如何在金融市场中使用它们的时候，提出了Solana ETF。

The ETF would provide a way for investors to gain exposure to Solana, which is known for its high throughput and low transaction fees, processing thousands of transactions per second.

ETF将为投资者提供对Solana的风险的方式，该方式以其高吞吐量和低交易费用而闻名，每秒处理数千笔交易。

It is part of a broader effort to expand investment opportunities in cryptocurrencies, which are becoming more integrated into the traditional finance sector.

这是扩大加密货币投资机会的更广泛努力的一部分，加密货币越来越多地融入了传统的财务部门。

The SEC has expressed caution over approving too many crypto ETFs, and it is considering the broader implications of these products on market liquidity, custody procedures, and price discovery.

SEC对批准过多的加密ETF表示谨慎，它正在考虑这些产品对市场流动性，监护程序和价格发现的广泛含义。

The agency has also been examining the operational structure of similar offerings, such as Bitcoin ETFs, which undergo a multi-stage approval process.

该机构还一直在研究经历多阶段批准过程的类似产品的运营结构，例如比特币ETF。

The SEC’s decision on the Solana ETF will have implications for other crypto ETFs that are pending approval, such as those from firms like Bitwise and WisdomTree.

SEC对Solana ETF的决定将对其他批准的加密ETF产生影响，例如Bitwise和WisdomTree等公司的批准。

It will also influence the broader strategy of the agency in managing the emerging digital asset industry.

它还将影响该机构在管理新兴数字资产行业方面的更广泛战略。

Solana’s role in DeFi and strategic investments

Solana在DEFI和战略投资中的作用

Solana’s blockchain is known for its high scalability, enabling rapid processing of transactions—up to 65,000 transactions per second with low fees, compared to Bitcoin’s one transaction per block.

Solana的区块链以其高可扩展性而闻名，可以快速处理交易 - 与比特币的每块交易相比，每秒以低费用为65,000笔交易。

This capability contributes to Solana’s role in supporting decentralized applications and facilitating real-world utility.

这种能力有助于Solana在支持分散应用程序和促进现实世界实用程序中的作用。

The Solana ETF would provide a new avenue for investors to gain exposure to this network in a regulated format. Grayscale’s proposal highlights Solana’s increasing prominence among digital assets.

Solana ETF将为投资者提供新的途径，以以受管制的格式获得该网络。 Grayscale的提议凸显了Solana在数字资产中的越来越重要。

Various market players are integrating Solana into their long-term strategies, showcasing its relevance in both retail and institutional segments. Firms like Defi Development Corporation are making significant capital commitments to Solana, signaling their confidence in its future performance.

各种市场参与者都将Solana纳入其长期战略，展示其在零售和机构领域的相关性。像Defi Development Corporation这样的公司正在对Solana做出重大的资本承诺，表明其对未来绩效的信心。

These firms typically prefer direct asset holdings over ETF structures, as it allows for more operational flexibility and potential yield benefits. But the Solana ETF could attract participants who prefer investing in regulated financial instruments.

这些公司通常更喜欢直接资产持有，而不是ETF结构，因为它允许更具运营的灵活性和潜在的收益率。但是Solana ETF可以吸引喜欢投资受管制金融工具的参与者。

The SEC’s review of the Solana ETF comes amid broader changes in crypto policy. Several spot Solana ETF proposals were filed in the final months of the Biden administration, which is known for its focus on climate change and social impact investing.

SEC对SOLANA ETF的评论是在加密政策的更大变化之中。在拜登政府的最后几个月中，提出了一些现场Solana ETF提案，该提案以其重点关注气候变化和社会影响投资而闻名。

The Trump administration’s (2017-2021) acknowledgment of an SOL ETF adds a political dimension, especially given the rapid turnover of political appointees at the SEC.

特朗普政府（2017-2021）对SOL ETF的承认增加了政治方面，尤其是考虑到SEC政治任命的迅速营业额。

After a 240-day processing period, the SEC will decide whether to approve, deny, or further defer the Solana ETF. This decision will test the balance between innovation and regulation in the fast-evolving domain of digital finance.

经过240天的处理期，SEC将决定是否批准，拒绝或进一步推迟Solana ETF。该决定将测试数字融资快速发展领域的创新与监管之间的平衡。

Trump’s public support for blockchain development during his term may translate into a more favorable view of cryptocurrencies, which could influence the SEC’s stance on the Solana ETF.

特朗普在任期内对区块链发展的公众支持可能会转化为更有利的加密货币观点，这可能会影响SEC对Solana ETF的立场。

The classification of Solana as a security, according to prior regulatory guidance, would complicate the approval process. However, the current filings from Grayscale and other firms signify a shift towards mainstream adoption of digital assets.

根据先前的监管指南，将Solana作为安全性将其分类会使批准过程变得复杂。但是，灰度和其他公司的目前申请表明，向主流采用数字资产的转变。

Despite the Solana ETF, firms are still pursuing alternative strategies. For instance, several companies have announced investments in Bitcoin as part of their treasury management plans.

尽管有Solana ETF，但公司仍在采取其他策略。例如，一些公司宣布对比特币进行投资，这是其财政管理计划的一部分。

Firms like Harvest Savings & Investment and Factorial Capital have disclosed their commitments to Bitcoin in recent SEC filings, showcasing a diverse range of approaches by institutional investors.

像Harvest Savings＆Investment and Fortorial Capital这样的公司在最近的SEC文件中披露了对比特币的承诺，展示了机构投资者的各种方法。

As the SEC continues its review of the Solana ETF, and other firms pursue alternative routes for investing in cryptocurrencies, the competitive landscape within the digital asset space is evolving.

随着SEC继续对SOLANA ETF的审查，其他公司则采用替代路线来投资加密货币，数字资产领域内的竞争格局正在发展。