Grayscale計劃將Avalanche Trust轉為現貨ETF




Grayscale計劃將Avalanche Trust轉換為現貨ETF
========================================================

該公司的最新SEC申請將允許Avalanche Trust以現貨ETF的形式進行交易,並提供現金贖回選項。
————————————————————————————————————-

作者:[Helene Braun](https://www.coindesk.com/author/helene-braun)、[AI Boost](https://www.coindesk.com/author/ai-boost)
編輯:[Stephen Alpher](https://www.coindesk.com/author/stephen-alpher)

2025年8月25日,下午1:15

![](https://www.coindesk.com/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2Fcba6669984dd88dcba048826def6579b5d6669e8-5184×3888.jpg%3Fauto%3Dformat&w=3840&q=75)

(Krzysztof Kowalik/Unsplash)

#### 在本文中

[![AVAX](https://www.coindesk.com/_next/image?url=https%3A%2F%2Fresources.cryptocompare.com%2Fasset-management%2F21%2F1722247420409.png&w=64&q=75)AVAXAVAX$24.22◢5.09%](https://www.coindesk.com/price/avax)

Grayscale的這一最新舉措,標誌著其在加密貨幣金融產品領域的進一步擴展。將Avalanche Trust轉換為現貨ETF不僅能夠提升其流動性,還能吸引更多的投資者進入這一市場。這一轉變可能會為Avalanche(AVAX)帶來更高的市場認可度,並可能進一步推動其價格上漲。

現貨ETF的推出意味著投資者將能夠直接參與Avalanche的市場,而不僅僅是通過信託的間接方式。這對於希望在加密貨幣市場中獲取穩定回報的投資者來說,無疑是一個利好消息。此外,現金贖回的選項也為投資者提供了更多的靈活性,這在當前波動的市場環境中尤為重要。

然而,這一舉措也可能引發監管機構的關注,特別是在美國證券交易委員會(SEC)對加密產品的監管日益嚴格的背景下。Grayscale的申請能否獲得批准,將在很大程度上影響市場對於加密ETF的信心。

總的來看,Grayscale的這一行動不僅是對Avalanche Trust的一次重要升級,更是對整個加密貨幣市場的一次積極信號,顯示出機構投資者對於加密資產的持續興趣和信心。

以上文章由特價GPT API KEY所翻譯及撰寫。而圖片則由FLUX根據內容自動生成。

🎬 YouTube Premium 家庭 Plan成員一位 只需 HK$148/年

不用提供密碼、不用VPN、無需轉區
直接升級你的香港帳號 ➜ 即享 YouTube + YouTube Music 無廣告播放

立即升級 🔗

🎨 Nano Banana Pro 圖像生成器|打幾句說話就出圖

想畫人像、產品圖、插畫?SSFuture 圖像生成器支援 Flux Gemini Nano Banana Pro 改圖 / 合成, 打廣東話都得,仲可以沿用上一張圖繼續微調。

🆓 Flux 模型即玩,不用登入
🤖 登入後解鎖 Gemini 改圖
📷 支援上載參考圖再生成
⚡ 每天免費額度任你玩
✨ 即刻玩 AI 畫圖
一隻在香港茶餐廳喝奶茶的貓 Use the original face exactly as it is, without changing a details. A full-body photograph of a glamorous female model in a vibrant, retro 1950s pin-up style bikini. The lighting should be bright, sunny, and highly saturated, evocative of a vintage summer advertisement or a pop art aesthetic.
Model & Outfit:
• Model: A slender woman with a confident, slightly posed expression.
• Hair & Accessories: A white and blue patterned headband tied in a bow. Bold, dark cat-eye sunglasses. Large gold hoop earrings and thick, stacked gold bangle bracelets on both wrists. Bright red lipstick.
• Swimwear: A two-piece retro bikini with a high-waisted bottom and a halter-neck top. The top is turquoise/teal with white polka dots, featuring a large bow detail at the bust. The bottom is a contrasting, high-rise, ruched style in pale peach or coral with small dark polka dots.
Setting & Composition:
• Location: A mid-century modern-style poolside scene on a bright sunny day.
• Background Details: A sparkling blue swimming pool, several brightly colored lounge chairs (yellow, teal, pink), and large beach umbrellas (striped orange and white). There are large, bright flotation devices (yellow, teal, orange inner tube) scattered around the edge of the pool.
• Composition: Vertical, full-body shot. The model is centered, and the background is slightly blurred (shallow depth of field) to keep the focus on the model.
Aesthetic Keywords:
• Vibrant, High Saturation, Retro Summer, 1950s Pin-up, Mid-Century Modern, Pop Art, Poolside Glamour, Commercial Photography, Magazine Ad, Halter Bikini, High-Waisted, Sunny Day. Create a photorealistic and highly detailed image featuring the attached image walking confidently down a modern city street, accompanied by Jason Statham, Dwayne “The Rock” Johnson, and Jason Momoa acting as bodyguards.

John Wick (Keanu Reeves) is walking just beside or slightly behind the subject, holding an umbrella over him to shield from light rain.

The subject should be the central figure, wearing stylish casual clothing — like a fitted jacket, dark jeans, and sunglasses — exuding calm authority and cool charisma.

Statham, The Rock, and Momoa are dressed in black tactical-style suits, maintaining alert, protective stances, scanning the surroundings like professional bodyguards. John Wick wears his signature black suit and tie, looking composed as he holds the umbrella.

The setting is a downtown urban street with wet pavement reflecting city lights, parked luxury cars, and paparazzi in the background snapping photos.

The photo should look like a real paparazzi shot — slightly off-angle, mid-step motion blur, with realistic lighting and reflections.

Lighting: natural daylight with overcast skies, reflections from wet concrete, realistic shadows, subtle raindrops on the umbrella and clothing.

Camera realism: crisp detail on facial features and clothing textures, shallow depth of field emphasizing the group, with lens flare or light bloom for authenticity.

Mood & tone: grounded, cinematic, and stylish — feels like a moment from a celebrity entourage photo or action-movie press capture, taken with an iPhone by paparazzi.

Style: ultra-realistic, documentary-style street photography with modern cinematic sharpness.