Thomas Daniels
US Securities and Exchange Commission (SEC) ayaa dib u dhigtay go'aankeeda ku saabsan soo jeedinta Maalgelinta Grayscale ee ah in Ethereum lagu daro lacagaha lagu kala beddesho. Lacagaha ay saameeyeen waxaa ka mid ah Grayscale Ethereum Trust ETF iyo Grayscale Ethereum Mini Trust ETF. Wakaalada sharciyeynta ayaa kordhisay waqtiga kama dambaysta ah ee dib u eegista ilaa Juun 1, 2025, iyada oo go'aanka kama dambaysta ah la filayo dhamaadka Oktoobar.
Grayscale waxay soo gudbisay codsigeeda Feebarwari 14, 2025, iyada oo loo marayo Isweydaarsiga saamiyada New York, iyada oo soo jeedinaysa isbeddel qaanuun ah si loogu oggolaado saami qaybsiga Ether-ku-salaysan ETF-yada. Hindisaha ayaa u oggolaanaya maalgashadayaasha inay ku kasbadaan abaal-marinno aan toos ahayn iyada oo loo marayo borotokoolka caddaynta saamiga Ethereum. Sida ku cad soo jeedinta, Grayscale wuxuu u adeegi doonaa kafaala-qaadaha kormeerka saamiga, halka Coinbase Custody ay maamuli doonto hawlaha haynta, hubinta kala-soocidda hantida.
Dib u dhaca SEC waxa uu iftiiminayaa mawqifkiisa taxaddarka leh ee ku daraya sifooyin wax-ku-ool ah oo ku jira ETFs-ku-salaysan US-talaabada aan wali loo ansixin sanduuqa hantida dhijitaalka ah. Si kastaba ha ahaatee, wakaaladu waxay dhawaan ansixisay ikhtiyaarada ganacsi ee meelo badan oo Ether ETFs ah, oo ay ku jiraan alaabta BlackRock, Bitwise, iyo Grayscale. Marxaladdan muhiimka ah waxay ballaadhinaysaa ka faa'iidaysiga lacagahan, gaar ahaan maal-gashadayaasha hay'adaha ka faa'iidaysanaya xeeladaha kala duwan.
Inkasta oo horumarkan la sameeyay, Ether ETFs waxay ku dhibtooday inay la mid noqdaan heerarka korsashada ee lagu arkay Bitcoin ETFs. Laga bilaabo Abriil 11, 2025, Ether ETFs waxay soo warisay soo galitaanka saafiga ah ee isugeynta ah $2.2 bilyan, taas oo ka duwan $35.4 bilyan oo ay soo jiidatay Bitcoin ETFs tan iyo Janaayo 2024-kii ugu horreeyay.
Wax-soo-saarka ayaa weli ah qayb muhiim ah oo ka mid ah nidaamka deegaanka Ethereum, oo bixiya wax-soo-saarka hadda u dhexeeya 2.4% ee Coinbase ilaa inta u dhaxaysa 2% iyo 7% ee Kraken. Soo-celintani waxay wanaajin kartaa rafcaanka Ether ETFs iyagoo soo bandhigaya sifa wax-soo-saarka. Dhowr maareeyayaal hanti oo kale, oo ay ku jiraan BlackRock's 21Shares iShares Ethereum Trust, ayaa sidoo kale xareeyay ogolaansho ay ku daraan saami qaybsiga, oo ay sugaan ansixinta sharciyeynta.
Waxqabadka Ethereum ee suuqa dibida ee socda ayaa ka dambeeya tartamayaasha waaweyn sida Solana iyo XRP. Hantidu waxay ku guuldarraysatay inay jabiso teedii ugu saraysay abid ee $4,866 ee la dejiyay Noofambar 2021, iyada oo qiimihiisu ka hoos maray $2,000 calaamadda Abriil 14, 2025.
Falanqeeyayaasha suuqyadu waxay soo jeedinayaan in booska SEC laga yaabo inay saameyn ku yeeshaan isbeddelada hoggaanka soo socda. Xaqiijinta suurtagalka ah ee Paul Atkins, oo ah jaantus loo arko inuu taageero badan u yahay hantida dhijitaalka ah, maadaama Guddoomiyaha SEC uu muujin karo isbeddel ku yimaada qaab-dhismeedka sharciyeynta ee badeecadaha maaliyadeed ee crypto-linked.
Dhowrka bilood ee soo socda ayaa noqon doona mid muhiim u ah horumarinta Ether ETFs ee Maraykanka, maaddaama SEC ay miisaamayso isdhexgalka hababka wax-soo-saarka kuwaas oo bedeli kara sida maalgashadayaasha ula falgalaan Ethereum ee kanaalada maaliyadeed ee dhaqameed.
