{"id":18994,"date":"2025-05-22T13:50:08","date_gmt":"2025-05-22T10:20:08","guid":{"rendered":"https:\/\/rasanegaar.com\/blog\/grayscale-etf-%d9%be%db%8c%d8%b4%d9%86%d9%87%d8%a7%d8%af-staking-%d8%aa%d8%b5%d9%85%db%8c%d9%85-sec-%d8%aa%d8%a7-%da%98%d9%88%d8%a6%d9%86-1404\/"},"modified":"2025-05-22T13:50:12","modified_gmt":"2025-05-22T10:20:12","slug":"grayscale-etf-%d9%be%db%8c%d8%b4%d9%86%d9%87%d8%a7%d8%af-staking-%d8%aa%d8%b5%d9%85%db%8c%d9%85-sec-%d8%aa%d8%a7-%da%98%d9%88%d8%a6%d9%86-1404","status":"publish","type":"post","link":"https:\/\/rasanegaar.com\/blog\/grayscale-etf-%d9%be%db%8c%d8%b4%d9%86%d9%87%d8%a7%d8%af-staking-%d8%aa%d8%b5%d9%85%db%8c%d9%85-sec-%d8%aa%d8%a7-%da%98%d9%88%d8%a6%d9%86-1404\/","title":{"rendered":"Grayscale ETF \u067e\u06cc\u0634\u0646\u0647\u0627\u062f Staking &#8211; \u062a\u0635\u0645\u06cc\u0645 SEC \u062a\u0627 \u0698\u0648\u0626\u0646 1404"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\"><p class=\"ez-toc-title\" style=\"cursor:inherit\">\u0633\u0631\u0641\u0635\u0644\u0647\u0627\u06cc \u0645\u0637\u0644\u0628<\/p>\n<\/div><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/rasanegaar.com\/blog\/grayscale-etf-%d9%be%db%8c%d8%b4%d9%86%d9%87%d8%a7%d8%af-staking-%d8%aa%d8%b5%d9%85%db%8c%d9%85-sec-%d8%aa%d8%a7-%da%98%d9%88%d8%a6%d9%86-1404\/#%d9%be%db%8c%d8%b4%d9%86%d9%87%d8%a7%d8%af_etf_grayscale\" >\u067e\u06cc\u0634\u0646\u0647\u0627\u062f ETF Grayscale<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/rasanegaar.com\/blog\/grayscale-etf-%d9%be%db%8c%d8%b4%d9%86%d9%87%d8%a7%d8%af-staking-%d8%aa%d8%b5%d9%85%db%8c%d9%85-sec-%d8%aa%d8%a7-%da%98%d9%88%d8%a6%d9%86-1404\/#staking_in_etf_%d8%af%d8%b1%da%a9_%da%86%d8%a7%d9%84%d8%b4_%d9%87%d8%a7%db%8c_%d9%86%d8%b8%d8%a7%d8%b1%d8%aa%db%8c\" >Staking in ETF: \u062f\u0631\u06a9 \u0686\u0627\u0644\u0634 \u0647\u0627\u06cc \u0646\u0638\u0627\u0631\u062a\u06cc<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/rasanegaar.com\/blog\/grayscale-etf-%d9%be%db%8c%d8%b4%d9%86%d9%87%d8%a7%d8%af-staking-%d8%aa%d8%b5%d9%85%db%8c%d9%85-sec-%d8%aa%d8%a7-%da%98%d9%88%d8%a6%d9%86-1404\/#%d8%a7%d9%87%d9%85%db%8c%d8%aa_%d8%aa%d8%b5%d9%85%db%8c%d9%85_sec\" >\u0627\u0647\u0645\u06cc\u062a \u062a\u0635\u0645\u06cc\u0645 SEC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/rasanegaar.com\/blog\/grayscale-etf-%d9%be%db%8c%d8%b4%d9%86%d9%87%d8%a7%d8%af-staking-%d8%aa%d8%b5%d9%85%db%8c%d9%85-sec-%d8%aa%d8%a7-%da%98%d9%88%d8%a6%d9%86-1404\/#%da%86%d9%87_%d9%85%db%8c_%d8%a2%db%8c%d8%af_%d8%a8%d8%b9%d8%af%d8%9f\" >\u0686\u0647 \u0645\u06cc \u0622\u06cc\u062f \u0628\u0639\u062f\u061f<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">\u0632\u0645\u0627\u0646 \u0644\u0627\u0632\u0645 \u0628\u0631\u0627\u06cc \u0645\u0637\u0627\u0644\u0639\u0647: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">\u062f\u0642\u06cc\u0642\u0647<\/span><\/span><p> <br \/>\n<\/p>\n<div>\n<h2 id=\"grayscale-s-etf-staking-proposal\"><span class=\"ez-toc-section\" id=\"%d9%be%db%8c%d8%b4%d9%86%d9%87%d8%a7%d8%af_etf_grayscale\"><\/span>\u067e\u06cc\u0634\u0646\u0647\u0627\u062f ETF Grayscale<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Grayscale \u06a9\u0647 \u062f\u0631 \u0633\u0627\u0644 2013 \u062a\u0623\u0633\u06cc\u0633 \u0634\u062f \u060c \u0628\u0647 \u06cc\u06a9\u06cc \u0627\u0632 \u0628\u0632\u0631\u06af\u062a\u0631\u06cc\u0646 \u0634\u0631\u06a9\u062a \u0647\u0627\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647 \u06af\u0630\u0627\u0631\u06cc \u062f\u0627\u0631\u0627\u06cc\u06cc \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u062f\u0631 \u062c\u0647\u0627\u0646 \u062a\u0628\u062f\u06cc\u0644 \u0634\u062f\u0647 \u0627\u0633\u062a. \u0627\u06cc\u0646 \u0634\u0631\u06a9\u062a \u0628\u0647 \u062f\u0644\u06cc\u0644 \u0635\u062f\u0648\u0631 \u0647\u0631 \u062f\u0648 \u0628\u062e\u0634 \u062e\u0627\u06a9\u0633\u062a\u0631\u06cc \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 Trust (GBTC) \u0648 \u0627\u06a9\u0646\u0648\u0646 Grayscale Ethereum Trust ETF \u0634\u0646\u0627\u062e\u062a\u0647 \u0634\u062f\u0647 \u0627\u0633\u062a \u060c \u0627\u06cc\u0646 \u0634\u0631\u06a9\u062a \u062f\u0631 \u067e\u0644 \u0632\u062f\u0646 \u0634\u06a9\u0627\u0641 \u0628\u06cc\u0646 \u0627\u0631\u0632\u0647\u0627\u06cc \u0631\u0645\u0632\u0646\u06af\u0627\u0631\u06cc \u0648 \u0627\u0645\u0648\u0631 \u0645\u0627\u0644\u06cc \u0633\u0646\u062a\u06cc \u0628\u0633\u06cc\u0627\u0631 \u0645\u0647\u0645 \u0628\u0648\u062f\u0647 \u0627\u0633\u062a.<\/p>\n<p>\u062f\u0631 14 \u0641\u0648\u0631\u06cc\u0647 1404 \u060c \u0628\u0648\u0631\u0633 \u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631 \u0646\u06cc\u0648\u06cc\u0648\u0631\u06a9 (NYSE) ARCA <a href=\"https:\/\/99bitcoins.com\/news\/nyse-proposes-staking-for-grayscale-ethereum-etfs-drawing-closer-to-mass-adoption\/\" target=\"_blank\" rel=\"noopener\">\u067e\u06cc\u0634\u0646\u0647\u0627\u062f\u06cc \u0628\u0647 SEC \u0627\u0631\u0627\u0626\u0647 \u062f\u0627\u062f<\/a> \u0628\u0631\u0627\u06cc \u0627\u062c\u0627\u0632\u0647 \u062f\u0627\u062f\u0646 \u0628\u0647 Grayscale Ethereum Trust ETF \u0628\u0631\u0627\u06cc \u062c\u0645\u0639 \u0622\u0648\u0631\u06cc \u062f\u0627\u0631\u0627\u06cc\u06cc \u0647\u0627\u06cc ETH \u062e\u0648\u062f \u0627\u0632 \u0637\u0631\u06cc\u0642 \u0627\u0631\u0627\u0626\u0647 \u062f\u0647\u0646\u062f\u06af\u0627\u0646 \u0642\u0627\u0628\u0644 \u0627\u0639\u062a\u0645\u0627\u062f \u060c \u0648 \u062f\u0631 \u0639\u06cc\u0646 \u062d\u0627\u0644 \u062d\u0641\u0638 \u062a\u0631\u062a\u06cc\u0628 \u0641\u0639\u0644\u06cc \u062d\u0636\u0627\u0646\u062a \u060c \u067e\u0627\u062f\u0627\u0634 \u0631\u0627 \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u062f\u0631\u0622\u0645\u062f \u06a9\u0633\u0628 \u0645\u06cc \u06a9\u0646\u062f.<\/p>\n<p>\u0627\u06af\u0631 SEC \u067e\u06cc\u0634\u0646\u0647\u0627\u062f Grayscale ETF \u0631\u0627 \u062a\u0635\u0648\u06cc\u0628 \u06a9\u0646\u062f \u060c \u0645\u06cc \u062a\u0648\u0627\u0646\u062f \u062f\u0631\u0647\u0627 \u0631\u0627 \u0628\u0631\u0627\u06cc \u0633\u0627\u06cc\u0631 \u0635\u0627\u062f\u0631\u06a9\u0646\u0646\u062f\u06af\u0627\u0646 ETF \u0628\u0627\u0632 \u06a9\u0646\u062f \u06a9\u0647 \u0628\u0647 \u062f\u0646\u0628\u0627\u0644 \u0627\u062f\u063a\u0627\u0645 \u067e\u0627\u062f\u0627\u0634 \u0647\u0627\u06cc \u0627\u0633\u062a\u06cc\u06a9 \u0627\u0632 \u0646\u0647 \u062a\u0646\u0647\u0627 \u0627\u062a\u0631\u06cc\u0648\u0645 \u0628\u0644\u06a9\u0647 \u0628\u0647 \u0637\u0648\u0631 \u0628\u0627\u0644\u0642\u0648\u0647 \u062f\u06cc\u06af\u0631 \u0627\u0631\u0632\u0647\u0627\u06cc \u0631\u0645\u0632\u0646\u06af\u0627\u0631\u06cc \u0634\u062f\u0647 \u0627\u0632 \u0633\u0647\u0627\u0645 \u0646\u06cc\u0632 \u0647\u0633\u062a\u0646\u062f.<\/p>\n<p>\u067e\u06cc\u0627\u0645\u062f\u0647\u0627\u06cc \u0632\u06cc\u0631\u0633\u0627\u062e\u062a \u0647\u0627 \u0646\u06cc\u0632 \u0642\u0627\u0628\u0644 \u062a\u0648\u062c\u0647 \u0627\u0633\u062a. \u06cc\u06a9 \u062d\u06a9\u0645 \u0645\u062b\u0628\u062a \u0645\u06cc \u062a\u0648\u0627\u0646\u062f \u0645\u0646\u062c\u0631 \u0628\u0647 \u062a\u0642\u0627\u0636\u0627\u06cc \u0628\u06cc\u0634\u062a\u0631 \u0628\u0631\u0627\u06cc:<\/p>\n<ul>\n<li>\n<p>\u0632\u06cc\u0631\u0633\u0627\u062e\u062a \u0647\u0627\u06cc \u0645\u0639\u062a\u0628\u0631 \u0628\u0627 \u06a9\u0627\u0631\u0627\u06cc\u06cc \u0628\u0627\u0644\u0627<\/p>\n<\/li>\n<li>\n<p>\u06af\u0631\u0647 \u0647\u0627\u06cc \u0633\u0627\u0632\u06af\u0627\u0631 \u0631\u0648\u06cc \u0645\u062d\u06cc\u0637 \u0647\u0627\u06cc \u0645\u06cc\u0632\u0628\u0627\u0646\u06cc \u0627\u06cc\u0645\u0646<\/p>\n<\/li>\n<li>\n<p>\u0632\u06cc\u0631\u0633\u0627\u062e\u062a \u0647\u0627\u06cc \u0645\u0642\u06cc\u0627\u0633 \u067e\u0630\u06cc\u0631 \u060c \u062f\u0631\u062c\u0647 \u0633\u0627\u0632\u0645\u0627\u0646\u06cc<\/p>\n<\/li>\n<\/ul>\n<h2 id=\"staking-in-etfs-understanding-the-regulatory-challenges\"><span class=\"ez-toc-section\" id=\"staking_in_etf_%d8%af%d8%b1%da%a9_%da%86%d8%a7%d9%84%d8%b4_%d9%87%d8%a7%db%8c_%d9%86%d8%b8%d8%a7%d8%b1%d8%aa%db%8c\"><\/span>Staking in ETF: \u062f\u0631\u06a9 \u0686\u0627\u0644\u0634 \u0647\u0627\u06cc \u0646\u0638\u0627\u0631\u062a\u06cc<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u062f\u0631 \u0641\u0636\u0627\u06cc \u0631\u0645\u0632\u0646\u06af\u0627\u0631\u06cc \u060c &#8220;Staking&#8221; \u0627\u0633\u062a process \u06a9\u0647 \u062a\u0648\u0633\u0637 \u0622\u0646 \u062f\u0627\u0631\u0646\u062f\u0647 \u06cc\u06a9 \u062a\u0648\u06a9\u0646 \u062f\u0627\u0631\u0627\u06cc\u06cc \u0647\u0627\u06cc \u062e\u0648\u062f \u0631\u0627 \u0642\u0641\u0644 \u0645\u06cc \u06a9\u0646\u062f \u062a\u0627 \u062f\u0631 \u0627\u0632\u0627\u06cc \u067e\u0627\u062f\u0627\u0634 \u060c \u0634\u0628\u06a9\u0647 \u0631\u0627 \u062a\u0623\u0645\u06cc\u0646 \u06a9\u0646\u062f. \u0627\u06cc\u0646 \u0639\u0645\u0644\u06cc\u0627\u062a \u0634\u0628\u06a9\u0647 \u0645\u0627\u0646\u0646\u062f \u0627\u0639\u062a\u0628\u0627\u0631\u0633\u0646\u062c\u06cc \u0645\u0639\u0627\u0645\u0644\u0627\u062a \u0631\u0627 \u0627\u0645\u06a9\u0627\u0646 \u067e\u0630\u06cc\u0631 \u0645\u06cc \u06a9\u0646\u062f. \u062f\u0631 \u062d\u0627\u0644\u06cc \u06a9\u0647 \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u0627\u0632 \u0646\u0638\u0631 \u06a9\u0627\u0631\u0628\u0631 \u0633\u0627\u062f\u0647 \u0628\u0627\u0634\u062f \u060c \u0627\u062f\u063a\u0627\u0645 \u062f\u0631 \u0648\u0633\u0627\u06cc\u0644 \u0646\u0642\u0644\u06cc\u0647 \u0633\u0631\u0645\u0627\u06cc\u0647 \u06af\u0630\u0627\u0631\u06cc \u0645\u0627\u0646\u0646\u062f ETF \u0686\u0627\u0644\u0634 \u0647\u0627\u06cc \u0646\u0638\u0627\u0631\u062a\u06cc \u0631\u0627 \u0627\u06cc\u062c\u0627\u062f \u0645\u06cc \u06a9\u0646\u062f.<\/p>\n<p>\u062f\u0631 \u0632\u06cc\u0631 \u06af\u0631\u06cc \u06af\u0646\u0633\u0644\u0631 \u060c SEC \u0627\u0628\u0631\u0627\u0632 \u06a9\u0631\u062f\u0647 \u0628\u0648\u062f <a href=\"https:\/\/axislc.com\/public\/u-s-sec-says-staking-is-a-security-and-why-staking-activities-are-securities\/#:~:text=The%20SEC&#039;s%20Perspective,the%20U.S.%20federal%20securities%20laws.\" target=\"_blank\" rel=\"noopener\">\u0646\u06af\u0631\u0627\u0646\u06cc \u0627\u0632 \u0627\u06cc\u0646 \u06a9\u0647 \u062e\u062f\u0645\u0627\u062a \u0627\u0633\u062a\u06cc\u06a9 \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u0634\u0628\u06cc\u0647 \u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631 \u062b\u0628\u062a \u0646\u0634\u062f\u0647 \u0628\u0627\u0634\u062f<\/a> \u067e\u06cc\u0634\u0646\u0647\u0627\u062f\u0627\u062a \u0647\u0645\u0686\u0646\u06cc\u0646 \u0633\u0624\u0627\u0644\u0627\u062a\u06cc \u062f\u0631 \u0645\u0648\u0631\u062f \u0686\u06af\u0648\u0646\u06af\u06cc \u0637\u0628\u0642\u0647 \u0628\u0646\u062f\u06cc \u067e\u0627\u062f\u0627\u0634 \u0647\u0627\u06cc \u0627\u0633\u062a\u06cc\u0646\u06af \u0648\u062c\u0648\u062f \u062f\u0627\u0631\u062f &#8211; \u062e\u0648\u0627\u0647 \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u0633\u0648\u062f \u0633\u0647\u0627\u0645 \u060c \u062f\u0631\u0622\u0645\u062f \u0627\u062c\u0627\u0631\u0647 \u060c \u06cc\u0627 \u0646\u0648\u0639 \u062f\u06cc\u06af\u0631\u06cc \u0627\u0632 \u0639\u0645\u0644\u06a9\u0631\u062f.<\/p>\n<p>\u0632\u0645\u0627\u0646 \u062e\u0648\u0627\u0647\u062f \u06af\u0641\u062a \u06a9\u0647 \u0622\u06cc\u0627 \u0631\u0626\u06cc\u0633 \u062c\u062f\u06cc\u062f SEC \u060c <a href=\"https:\/\/www.sec.gov\/newsroom\/press-releases\/1404-68\" target=\"_blank\" rel=\"noopener\" class=\"broken_link\">\u067e\u0644 \u0627\u062a\u06a9\u06cc\u0646\u0632<\/a>\u060c \u0627\u06cc\u0646 \u0646\u06af\u0631\u0627\u0646\u06cc \u0647\u0627 \u0631\u0627 \u0628\u0647 \u0627\u0634\u062a\u0631\u0627\u06a9 \u0645\u06cc \u06af\u0630\u0627\u0631\u062f \u0648 \u0686\u0647 \u062a\u0627\u062b\u06cc\u0631\u06cc \u062f\u0631 \u0622\u0646\u0647\u0627 \u062e\u0648\u0627\u0647\u062f \u062f\u0627\u0634\u062a \u0631\u0648\u06cc \u062a\u0635\u0645\u06cc\u0645 SEC \u062f\u0631 \u0645\u0648\u0631\u062f Grayscale ETF Staking.<\/p>\n<h2 id=\"the-significance-of-the-sec-s-decision\"><span class=\"ez-toc-section\" id=\"%d8%a7%d9%87%d9%85%db%8c%d8%aa_%d8%aa%d8%b5%d9%85%db%8c%d9%85_sec\"><\/span>\u0627\u0647\u0645\u06cc\u062a \u062a\u0635\u0645\u06cc\u0645 SEC<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u062d\u06a9\u0645 \u0628\u0647 \u0646\u0641\u0639 \u067e\u06cc\u0634\u0646\u0647\u0627\u062f Grayscale \u0645\u06cc \u062a\u0648\u0627\u0646\u062f \u067e\u06cc\u0627\u0645\u062f\u0647\u0627\u06cc \u06af\u0633\u062a\u0631\u062f\u0647 \u0627\u06cc \u062f\u0627\u0634\u062a\u0647 \u0628\u0627\u0634\u062f:<\/p>\n<ul>\n<li>\n<p><strong>\u0645\u0634\u0631\u0648\u0639\u06cc\u062a \u0628\u062e\u0634\u06cc\u062f\u0646 \u062f\u0631 ETF<\/strong>: \u062a\u0635\u0648\u06cc\u0628 \u0645\u06cc \u062a\u0648\u0627\u0646\u062f \u062f\u0631 \u0631\u0627 \u0628\u0631\u0627\u06cc \u0633\u0627\u06cc\u0631 \u0635\u0627\u062f\u0631\u06a9\u0646\u0646\u062f\u06af\u0627\u0646 ETF \u0628\u0631\u0627\u06cc \u0627\u062f\u063a\u0627\u0645 \u0627\u0633\u062a\u06cc\u06a9 \u060c \u0645\u062d\u0631\u06a9 \u062a\u0642\u0627\u0636\u0627 \u0628\u0631\u0627\u06cc Ethereum ETF \u0648 \u0628\u0647 \u0637\u0648\u0631 \u0628\u0627\u0644\u0642\u0648\u0647 \u062f\u06cc\u06af\u0631 Cryptocurrency ETF \u0646\u06cc\u0632 \u0628\u0627\u0632 \u06a9\u0646\u062f.<\/p>\n<\/li>\n<li>\n<p><strong>\u062a\u0635\u0648\u06cc\u0628 \u0646\u0647\u0627\u062f\u06cc<\/strong>: \u0628\u06cc\u0634\u062a\u0631 \u0634\u0631\u06a9\u062a \u0647\u0627\u06cc \u0645\u0627\u0644\u06cc \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u0627\u0632 \u0637\u0631\u06cc\u0642 ETF \u0647\u0627\u06cc \u062a\u0646\u0638\u06cc\u0645 \u0634\u062f\u0647 \u0648\u0627\u0631\u062f \u0628\u0627\u0632\u0627\u0631 \u0631\u0645\u0632\u0646\u06af\u0627\u0631\u06cc \u0634\u0648\u0646\u062f<\/p>\n<\/li>\n<li>\n<p><strong>\u0627\u0641\u0632\u0627\u06cc\u0634 \u062f\u0633\u062a\u0631\u0633\u06cc \u0628\u0647 \u0631\u0645\u0632\u0646\u06af\u0627\u0631\u06cc<\/strong>: \u0633\u0631\u0645\u0627\u06cc\u0647 \u06af\u0630\u0627\u0631\u0627\u0646 \u0645\u06cc \u062a\u0648\u0627\u0646\u0646\u062f \u0628\u0627 \u0631\u0634\u062f \u062a\u0639\u062f\u0627\u062f ETF \u0647\u0627\u06cc \u062a\u062d\u062a \u062d\u0645\u0627\u06cc\u062a \u0631\u0645\u0632\u0646\u06af\u0627\u0631\u06cc \u060c \u062f\u0633\u062a\u0631\u0633\u06cc \u0622\u0633\u0627\u0646 \u062a\u0631 \u0628\u0647 \u0627\u0631\u0632\u0647\u0627\u06cc \u0631\u0645\u0632\u0646\u06af\u0627\u0631\u06cc \u06a9\u0646\u0646\u062f<\/p>\n<\/li>\n<\/ul>\n<h2 id=\"what-comes-next\"><span class=\"ez-toc-section\" id=\"%da%86%d9%87_%d9%85%db%8c_%d8%a2%db%8c%d8%af_%d8%a8%d8%b9%d8%af%d8%9f\"><\/span>\u0686\u0647 \u0645\u06cc \u0622\u06cc\u062f \u0628\u0639\u062f\u061f<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u0647\u0645\u0627\u0646\u0637\u0648\u0631 \u06a9\u0647 \u062f\u0631 \u0631\u0648\u0646\u062f \u0648 \u067e\u06cc\u0634 \u0628\u06cc\u0646\u06cc \u0647\u0627\u06cc \u0628\u0631\u062a\u0631 Web3 \u0628\u0631\u0627\u06cc \u0642\u0637\u0639\u0647 1404 \u0628\u06cc\u0627\u0646 \u06a9\u0631\u062f\u06cc\u0645 \u060c \u062f\u0631 \u062d\u0627\u0644 \u062d\u0627\u0636\u0631 cryptocurrency \u062f\u0631 \u062d\u0627\u0644 \u062d\u0627\u0636\u0631 \u0627\u0633\u062a \u0631\u0648\u06cc \u0638\u0647\u0648\u0631 \u060c \u0648 \u0627\u06cc\u0646 \u062d\u0631\u06a9\u062a \u0628\u0639\u06cc\u062f \u0627\u0633\u062a \u06a9\u0647 \u06a9\u0646\u062f \u0634\u0648\u062f. \u0627\u06af\u0631 SEC \u067e\u06cc\u0634\u0646\u0647\u0627\u062f Grayscale \u0631\u0627 \u062a\u0635\u0648\u06cc\u0628 \u06a9\u0646\u062f \u060c 1404 \u0645\u06cc \u062a\u0648\u0627\u0646\u062f \u0633\u0627\u0644\u06cc \u0628\u0627\u0634\u062f \u06a9\u0647 ETF \u0647\u0627\u06cc Crypto \u0628\u0627 \u067e\u0627\u062f\u0627\u0634 Staking \u0628\u0647 \u06cc\u06a9 \u0645\u062d\u0635\u0648\u0644 \u0627\u0635\u0644\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647 \u06af\u0630\u0627\u0631\u06cc \u062a\u0628\u062f\u06cc\u0644 \u0645\u06cc \u0634\u0648\u0646\u062f \u0648 \u0628\u06cc\u0634\u062a\u0631 \u0641\u0646\u0627\u0648\u0631\u06cc blockchain \u0631\u0627 \u062f\u0631 \u0627\u0645\u0648\u0631 \u0645\u0627\u0644\u06cc \u0633\u0646\u062a\u06cc \u0627\u062f\u063a\u0627\u0645 \u0645\u06cc \u06a9\u0646\u0646\u062f.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/>\u0645\u0646\u062a\u0634\u0631 \u0634\u062f\u0647 \u062f\u0631 1404-05-22 13:50:05<br \/>\n<\/p>\n\n\n<div class=\"kk-star-ratings kksr-auto kksr-align-center kksr-valign-bottom\"\n    data-payload='{&quot;align&quot;:&quot;center&quot;,&quot;id&quot;:&quot;18994&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;bottom&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;0&quot;,&quot;legendonly&quot;:&quot;&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;0&quot;,&quot;starsonly&quot;:&quot;&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;5&quot;,&quot;greet&quot;:&quot;\u0627\u0645\u062a\u06cc\u0627\u0632 \u0634\u0645\u0627 \u0628\u0647 \u0627\u06cc\u0646 \u0645\u0637\u0644\u0628&quot;,&quot;legend&quot;:&quot;0\\\/5 (0 \u0631\u0627\u06cc)&quot;,&quot;size&quot;:&quot;30&quot;,&quot;title&quot;:&quot;Grayscale ETF \u067e\u06cc\u0634\u0646\u0647\u0627\u062f Staking - \u062a\u0635\u0645\u06cc\u0645 SEC \u062a\u0627 \u0698\u0648\u0626\u0646 1404&quot;,&quot;width&quot;:&quot;0&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} ({count} \u0631\u0627\u06cc)&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}'>\n            \n<div class=\"kksr-stars\">\n    \n<div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\" style=\"padding-left: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 30px; height: 30px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\" style=\"padding-left: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 30px; height: 30px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\" style=\"padding-left: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 30px; height: 30px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\" style=\"padding-left: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 30px; height: 30px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\" style=\"padding-left: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 30px; height: 30px;\"><\/div>\n        <\/div>\n    <\/div>\n    \n<div class=\"kksr-stars-active\" style=\"width: 0px;\">\n            <div class=\"kksr-star\" style=\"padding-left: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 30px; height: 30px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-left: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 30px; height: 30px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-left: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 30px; height: 30px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-left: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 30px; height: 30px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-left: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 30px; height: 30px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n                \n\n<div class=\"kksr-legend\" style=\"font-size: 24px;\">\n            <span class=\"kksr-muted\">\u0627\u0645\u062a\u06cc\u0627\u0632 \u0634\u0645\u0627 \u0628\u0647 \u0627\u06cc\u0646 \u0645\u0637\u0644\u0628<\/span>\n    <\/div>\n    <\/div>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">\u0632\u0645\u0627\u0646 \u0644\u0627\u0632\u0645 \u0628\u0631\u0627\u06cc \u0645\u0637\u0627\u0644\u0639\u0647: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">\u062f\u0642\u06cc\u0642\u0647<\/span><\/span>\u067e\u06cc\u0634\u0646\u0647\u0627\u062f ETF Grayscale Grayscale \u06a9\u0647 \u062f\u0631 \u0633\u0627\u0644 2013 \u062a\u0623\u0633\u06cc\u0633 \u0634\u062f \u060c \u0628\u0647 \u06cc\u06a9\u06cc \u0627\u0632 \u0628\u0632\u0631\u06af\u062a\u0631\u06cc\u0646 \u0634\u0631\u06a9\u062a \u0647\u0627\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647 \u06af\u0630\u0627\u0631\u06cc \u062f\u0627\u0631\u0627\u06cc\u06cc \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u062f\u0631 \u062c\u0647\u0627\u0646 \u062a\u0628\u062f\u06cc\u0644 \u0634\u062f\u0647 \u0627\u0633\u062a. \u0627\u06cc\u0646 \u0634\u0631\u06a9\u062a \u0628\u0647 \u062f\u0644\u06cc\u0644 \u0635\u062f\u0648\u0631 \u0647\u0631 \u062f\u0648 \u0628\u062e\u0634 \u062e\u0627\u06a9\u0633\u062a\u0631\u06cc \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 Trust (GBTC) \u0648 \u0627\u06a9\u0646\u0648\u0646 Grayscale Ethereum Trust ETF \u0634\u0646\u0627\u062e\u062a\u0647 \u0634\u062f\u0647 \u0627\u0633\u062a \u060c \u0627\u06cc\u0646 \u0634\u0631\u06a9\u062a \u062f\u0631 \u067e\u0644 \u0632\u062f\u0646 \u0634\u06a9\u0627\u0641 [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":18995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[207],"tags":[],"class_list":["post-18994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infra"],"acf":[],"_links":{"self":[{"href":"https:\/\/rasanegaar.com\/blog\/wp-json\/wp\/v2\/posts\/18994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rasanegaar.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rasanegaar.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rasanegaar.com\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/rasanegaar.com\/blog\/wp-json\/wp\/v2\/comments?post=18994"}],"version-history":[{"count":0,"href":"https:\/\/rasanegaar.com\/blog\/wp-json\/wp\/v2\/posts\/18994\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rasanegaar.com\/blog\/wp-json\/wp\/v2\/media\/18995"}],"wp:attachment":[{"href":"https:\/\/rasanegaar.com\/blog\/wp-json\/wp\/v2\/media?parent=18994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rasanegaar.com\/blog\/wp-json\/wp\/v2\/categories?post=18994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rasanegaar.com\/blog\/wp-json\/wp\/v2\/tags?post=18994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}