美国放松监管,利好SOL和XRP,大暴涨无法想象

华尔街见闻Published on 2025-09-18Last updated on 2025-09-18

Abstract

新规推翻了自2013年以来的逐案审查方式,资产管理公司可根据统一标准申请,大幅简化数字币ETF审批流程,审批时间从240天缩短至最多75天。市场预期首批受益的产品将是追踪Solana和XRP的ETF。分析认为,这是美国数字资产监管方法的分水岭时刻,首批产品预计最快10月上市。

美国数字资产监管又迎来重要时刻,SEC大幅简化数字币ETF审批流程,将为Solana、XRP等现货加密ETF铺平道路。

当地时间9月17日,SEC投票通过了三大全国性证券交易所的规则变更提案,为数字资产ETF市场全面开放扫清道路。这一决定标志着美国数字资产监管政策的重大转向,将为从Solana到狗狗币等各类加密货币现货ETF铺平道路。

新规则建立了通用上市标准,大幅简化了数字币ETF的审批流程。资产管理公司和交易所现在可以根据统一标准申请新的加密货币现货ETF,无需经过冗长的定制化监管审查。审批时间从此前的240天或更长缩短至最多75天。

市场预期首批受益的产品将是追踪Solana和XRP的ETF。资产管理公司一年多前就开始向SEC提交这些产品的申请,但监管机构此前仅批准了比特币和以太坊现货ETF。

这是特朗普政府推进数字资产主流化的最新举措,与前任拜登政府的谨慎态度形成鲜明对比。业内人士表示,虽然监管闸门已经开启,但产品最终上市仍需完成营销计划、法律文件和服务提供商等多项后续工作。

通用上市标准正式生效

SEC此次投票通过的规则变更涉及纽约证券交易所(NYSE)、纳斯达克(Nasdaq)和Cboe Global Markets三大交易所。

新规则为数字资产和其他现货商品ETF建立了通用上市标准,资产管理公司和交易所必须满足这些标准才能获得新的现货加密ETF批准。

SEC今年7月发布的命令详细说明了这些上市标准的具体内容。在此之前,SEC对每个现货加密ETF申请都采取逐案审查方式,要求交易所和资产管理公司分别向不同部门提交两份独立申请。

Bitwise Asset Management总裁Teddy Fusaro表示:

"这是美国数字资产监管方法的分水岭时刻,推翻了自2013年首个比特币ETF申请以来超过十年的先例。"

审批效率大幅提升

新流程将显著加快数字币ETF的上市速度。据报道,从申请到上市的最长时间将从240天甚至更长缩短至75天,这将为急于进入数字资产市场的资产管理公司提供更高的确定性。

SEC主席Paul Atkins在新闻稿中将委员会成员的批准描述为促进创新和减少数字资产产品壁垒的举措。这一表态反映出特朗普政府对数字资产更加友好的监管态度。

法律事务所Stradley Ronon合伙人Steve Feinour预计,大多数申请者将选择一项条款,该条款允许对已有商品期货交易委员会(CFTC)监管的期货合约存在至少六个月的加密ETF进行快速审批。

他预计首批产品最快可能在10月上市。

首批产品呼之欲出

市场普遍预期,追踪Solana和XRP的ETF将成为新规则下首批获批的产品。资产管理公司一年多前就开始向SEC提交这些申请,但监管机构迄今仅批准了比特币和以太坊现货ETF。

即使是比特币ETF,其在2024年1月的首次亮相也是在经历多年斗争和法律纠纷后才实现的。相比之下,拜登政府时期的SEC在考虑现货加密ETF方面行动缓慢,而特朗普政府则明确与加密社区保持一致,承诺对数字资产采取更有利的立场。

拥有多个待批产品的Canary Capital首席执行官Steve McClurg表示:"大门已经打开,但仍有很多工作要做。"

他在SEC裁决前曾表示,即使在委员会投票后,"营销计划、法律申请、与服务提供商的合作都必须根据新路线图来解决"。

Feinour指出:"并非每个代币目前都符合条件,但SEC的批准将打开闸门。"这表明虽然监管门槛已经降低,但数字资产仍需满足特定标准才能获得ETF产品批准。

Trending Cryptos

Related Reads

Analyst Who Predicted Bitcoin's Major Drop in October Now Predicts What Could Happen Next

Sean Farrell, head of digital asset strategy at Fundstrat, analyzes the current uncertain and volatile crypto market. He notes that while traditional tech stocks hit record highs, lagging crypto assets have created market apathy, which could be an early sign of a bottom forming. Farrell's base case suggests Bitcoin and the broader crypto market may experience one final sharp decline before initiating a sustained upward trend. It remains unclear if this drop will form a new deep low or test recent lows. He points out that global liquidity conditions and rising US 10-year Treasury yields continue to pressure liquidity-sensitive assets like cryptocurrencies in the short term. Farrell states that the tech sector's growth is driven by significant corporate profit increases, whereas the crypto market hasn't yet received the necessary monetary and fiscal liquidity. Although high US Treasury issuance and rising long-term bond yields are pressuring the market, he predicts a potential shift within the next 3-6 months. After risk appetite diminishes due to high interest rates, liquidity-boosting measures from regulators or central banks could trigger a new bull market. Additionally, Farrell believes that if a new governance proposal aimed at reducing inflation on the Solana network is adopted, it would lessen sell-side pressure and could act as a significant catalyst for the token's price.

cryptonews.ru59m ago

Analyst Who Predicted Bitcoin's Major Drop in October Now Predicts What Could Happen Next

cryptonews.ru59m ago

Bitcoin Breaches $64,000 Mark Again as Short Sellers Lose $57.4 Million in Liquidations

Bitcoin surged back above $64,000 on Monday, reversing a dip below $63,000 that had threatened to revisit mid-August lows. The rally coincided with an announcement from MicroStrategy stating it had neither bought nor sold any Bitcoin over the past week. After falling to a daily low near $62,653, Bitcoin sharply reversed course, climbing approximately $1,000 in six hours to reach a daily high above $64,375. By early afternoon EST, it was trading above $64,200, marking a nearly 2% daily gain and turning its weekly performance positive. The price movement triggered significant liquidations in the derivatives market, with leveraged short positions losing $57.4 million over 24 hours, contributing to total crypto market liquidations nearing $220 million. While MicroStrategy paused its Bitcoin purchases, it increased its cash reserves to $4.8 billion using part of the proceeds from a recent common stock sale. The funds were also used for share buybacks and preferred dividend payments. Analysts suggest this focus on balance sheet strength helps mitigate near-term liquidation pressure, especially as Bitcoin's price remains about 15% below MicroStrategy's average acquisition cost of $75,385. However, critics argue the capital allocation disproportionately benefits preferred shareholders (STRC) over common stockholders (MSTR) and sidelines the company's core growth strategy of aggressive Bitcoin accumulation. Bitcoin initially appeared to react positively to reports of a potential 60-day ceasefire extension between the U.S. and Iran, but the rally's momentum faded after Iranian officials denied the reports. Consequently, Bitcoin currently lacks a clear macroeconomic catalyst to sustain a decisive bullish breakout.

cryptonews.ru1h ago

Bitcoin Breaches $64,000 Mark Again as Short Sellers Lose $57.4 Million in Liquidations

cryptonews.ru1h ago

Trading

Spot

Hot Articles

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of SOL (SOL) are presented below.

活动图片