前沿资讯：以太坊ETF关键障碍已清除，但SEC尚未批准其上市

Spot ether (ETH) exchange-traded funds took a giant leap toward reality on Thursday after the U.S. Securities and Exchange Commission approved key regulatory filings tied to them, a milestone for the second-largest cryptocurrency.
周四，美国证券交易委员会批准了与以太坊（ETH）交易所交易基金相关的关键监管文件，这是第二大加密货币的一个里程碑。

They are not yet cleared to trade, though. The SEC gave its blessing to so-called 19b-4 forms tied to the ETFs, but the regulator must approve their S-1 filings before investors can buy them.
不过，它们还不能进行交易。美国证券交易委员会批准了与 ETF 相关的所谓 19b-4 表格，但监管机构必须在投资者购买 ETF 之前批准其 S-1 文件。

The approval follows a stunning turnaround by the markets regulator. After clearing spot bitcoin ETFs earlier this year, the SEC didn't seem to engage much with issuers on ether ETFs. That changed in recent days.
在批准之前，市场监管机构出现了惊人的转变。在今年早些时候批准了现货比特币 ETF 之后，美国证券交易委员会似乎并没有与以太坊 ETF 的发行商有过多接触。这种情况在最近几天发生了变化。 

In a statement, a Grayscale spokesperson confirmed the regulator had approved its 19b-4.
在一份声明中，Grayscale发言人证实监管机构已经批准了其19b-4。

"At Grayscale, we appreciate the opportunity to engage constructively with regulators as they review spot Ethereum ETFs, and we remain optimistic about the potential of bringing Ethereum further into the US regulatory perimeter in the ETF wrapper," they said.
"他们说："在Grayscale，我们很高兴有机会在监管机构审查现货以太坊ETF时与他们进行建设性的接触，我们对以太坊在ETF包装下进一步进入美国监管范围的潜力保持乐观。

Would-be spot ether ETF issuers include BlackRock, Fidelity, Grayscale, VanEck, Franklin Templeton, Ark/21Shares and Invesco/Galaxy.
有意发行现货以太坊 ETF 的公司包括贝莱德（BlackRock）、富达（Fidelity）、灰度（Grayscale）、VanEck、富兰克林邓普顿（Franklin Templeton）、Ark/21Shares 和 Invesco/Galaxy。

Although the approval of the 19b-4 filings suggests that regulators are willing to allow issuers to bring a spot ether ETF on the market, it doesn't guarantee that they will ultimately approve the final S-1 forms filed by all issuers.
尽管19b-4文件的批准表明监管机构愿意允许发行商向市场推出现货以太坊ETF，但这并不保证监管机构最终会批准所有发行商提交的最终S-1表格。 

"There is likely to be a gap before we see S-1 approvals and these ETFs begin trading. My guess is that this will take at least a week, but likely more. If history is any guide it could be much longer and be measured in months. But I personally think the gap will be measured in weeks. Everyone is just guessing right now though.” Seyffart said.
"在我们看到 S-1 批准和这些 ETF 开始交易之前，很可能会有一个间隙。我猜这至少需要一周时间，但可能更长。如果以历史为鉴，时间可能会更长，以月为单位。但我个人认为，差距将以周为单位。不过现在大家都在猜测。塞法特说。

Regulators sent a shock wave through the industry on Monday when reports came out that issuers were asked to update their 19b-4 filings ahead of the SEC's deadline to approve or deny one of the issuers, VanEck’s filing.
周一，有报道称，发行人被要求在美国证券交易委员会批准或否决其中一家发行人 VanEck 申报的截止日期之前更新 19b-4 申报，监管机构的这一消息在业内引起了震动。

An SEC spokesperson said the agency would not comment beyond what's in the order published Thursday.
美国证券交易委员会发言人表示，该机构不会对周四公布的命令以外的内容发表评论。

In a statement, 21Shares Head of Legal Andrew Jacobson said the approval was "a significant step in the right direction."
21Shares 法律主管安德鲁-雅各布森（Andrew Jacobson）在一份声明中说，批准是 "朝着正确方向迈出的重要一步"。