VANECK文件用于物理支持的BNB ETF

领先的趋势，韦克（Vaneck）是最早陷入加密ETF的资产经理之一，已经提出了新的文件。

Continuing its leadership in the emerging crypto-linked ETF market, VanEck has filed for a physically backed BNB ETF that would track the digital asset's price.

Vaneck继续在新兴的加密ETF市场中领导领导，申请了一个有力支持的BNB ETF，该BNB ETF将跟踪数字资产的价格。

This new offering from VanEck, one of the first asset managers to delve into crypto ETFs, expands its footprint in the emerging space.

Vaneck的这项新产品是最早研究加密ETF的资产经理之一，它扩大了其在新兴领域的占地面积。

The firm’s latest filing with the U.S. Securities and Exchange Commission (SEC) on Thursday seeks to launch an ETF that provides exposure to BNB without investors needing to hold the token itself.

该公司在周四向美国证券交易委员会（SEC）（SEC）提交的最新文件旨在推出一项ETF，该ETF在不需要持有令牌本身的情况下提供对BNB的曝光率。

This move is a bold attempt to validate altcoins within traditional financial circles. It marks the next phase of crypto acceptance on Wall Street and comes just months after spot Bitcoin and Ethereum ETFs made their long-awaited U.S. introduction.

此举是在传统金融界内验证山寨币的大胆尝试。它标志着在华尔街接受加密货币的下一个阶段，在现场比特币和以太坊ETF使他们期待已久的我们的介绍仅几个月之后。

Why BNB and Why Now?

为什么BNB，为什么现在？

Out of the five biggest cryptocurrencies by market capitalization, BNB is the native token of Binance, the world's largest cryptocurrency exchange based on trading volume.

在市值五个最大的加密货币中，BNB是Binance的本地代币，Binance是基于交易量的全球最大的加密货币交易所。

Besides being used as a trade token, BNB has several use cases in the BNB Chain ecosystem, including smart contracts, DeFi protocols, and payment of transaction fees.

除了被用作贸易代币外，BNB还在BNB链生态系统中有几种用例，包括智能合约，DEFI协议和交易费用。

The move by VanEck to launch a BNB ETF comes amid rising institutional demand for altcoins.

Vaneck提出BNB ETF的举动在对山寨币的机构需求不断上升。

After the launch of Bitcoin and Ethereum ETFs had started to have knock-on effects on financial markets, altcoins like BNB, Solana, and even Chainlink are increasingly being touted as the next frontier.

在推出比特币和以太坊之后，ETF开始对金融市场产生连锁反应的影响，诸如BNB，Solana甚至Chainlink之类的AltCoins越来越被吹捧为下一个边境。

However, the timing poses problems as well with prior leadership now subject to inquiry and ongoing compliance issues.

但是，时间安排也带来了问题，现在先前的领导才能受到询问和持续的合规性问题。

Binance has been coming under increasing regulatory scrutiny in the U.S. Though this poses a challenge, VanEck appears to be betting that the demand for offering optimal exposure to BNB through a safe, controlled investment vehicle will outweigh reputational concerns.

尽管这构成了挑战，但在美国，Binance一直受到越来越多的监管审查，但Vaneck似乎押注，通过安全，受控的投资工具向BNB提供最佳敞口的需求将超过声誉的问题。

Altcoins Find Their Way Into The ETF Discussion

Altcoins进入ETF讨论

The registration might spark a broader trend of altcoin-oriented ETFs joining the market.

注册可能会引发面向AltCoin的ETF加入市场的更广泛趋势。

According to Ben Rockwell, an ETF analyst at TipRanks, should the BNB ETF gain popularity or approval, other top-tier cryptocurrencies may find a home there.

根据Tipranks的ETF分析师Ben Rockwell的说法，如果BNB ETF获得受欢迎程度或批准，其他顶级加密货币可能会在那里找到家。

"We could see more altcoins, such as Solana or Chainlink, become the subject of new ETF applications as the year progresses," Rockwell noted.

罗克韦尔指出：“随着年份的发展，我们可以看到更多的AltCoins，例如Solana或Chainlink，成为新的ETF应用程序的主题。”

As cryptocurrency gains acceptance into traditional financial portfolios, this shift could fundamentally alter the ETF landscape.

随着加密货币获得传统金融投资组合的接受，这种转变可能从根本上改变了ETF景观。

A successful BNB ETF would not only attest to BNB's value and network capability but also question the notion that only Bitcoin and Ethereum are "institutionally safe" assets.

成功的BNB ETF不仅可以证明BNB的价值和网络能力，而且还质疑只有比特币和以太坊是“机构安全”资产的观念。

The Regulatory Obstacles

监管障碍

While there is optimism, the path to permission is uncertain.

尽管有乐观的态度，但许可的途径尚不确定。

The SEC has famously been hesitant to authorize spot crypto ETFs, especially for tokens that might be deemed securities.

SEC著名地犹豫不决地授权现场加密ETF，尤其是对于可能被认为是证券的代币。

VanEck’s application will be closely examined, and opposition from authorities concerned about Binance's legal past or the complexity of the BNB ecosystem could develop.

Vaneck的应用将进行仔细检查，并对有关Binance的法律过去或BNB生态系统的复杂性的当局的反对。

Still, VanEck's proactive approach continues to put pressure on authorities to respond to the emerging demand for diverse crypto ETFs.

尽管如此，Vaneck的积极主动方法仍在向当局施加压力，以应对对各种加密ETF的新兴需求。

The outcome of this lawsuit could set a precedent for how other digital assets are handled within the American financial system.

这项诉讼的结果可以为美国金融体系中其他数字资产如何处理。

VanEck Begins A New Revolution

Vaneck开始了新的革命

This attempt by VanEck to launch a BNB ETF is more than just a product launch; it's a calculated move designed to alter the narrative of cryptocurrencies within traditional finance.

Vaneck推出BNB ETF的尝试不仅仅是产品推出。这是一个旨在改变传统金融中加密货币的叙述的计算动作。

Whether the SEC grants approval or not, the submission has already paved the way for more serious conversations about how altcoins like BNB can integrate with institutional money.

不管SEC是否授予批准，提交的提交已经为有关BNB之类的Altcoins如何与机构资金集成的更严肃的对话铺平了道路。