Approval of Ethereum spot ETF will raise expectations of Solana being classified as a commodityBroker Bernstein said in a research report that if the United States approves a spot Ethereum exchange-traded fund, it will be seen as a major regulatory relief for the crypto industry and raises expectations that ETH competitor SOL will be classified as a commodity. The analyst added: "Tactically, the approval of the Ethereum ETF will set a precedent for the first non-Bitcoin blockchain asset to be considered a commodity, thereby raising hopes that Ethereum peers (possibly Solana) will follow the same path."Bitcoin spot ETFs had a total net inflow of $154 million on May 22, and continued to have net inflows for 8 daysAccording to SoSoValue data, Bitcoin spot ETFs had a total net inflow of $154 million on May 22. Grayscale GBTC had a single-day net outflow of $16.0914 million, and the current historical net outflow of GBTC is $17.628 billion. The Bitcoin spot ETF with the largest daily net inflow is BlackRock IBIT, with a daily net inflow of $91.9527 million. Currently, IBIT's total historical net inflow has reached $16.083 billion. The second largest is Fidelity FBTC, with a daily net inflow of $74.5720 million. Currently, FBTC's total historical net inflow has reached $8.651 billion. As of May 23, the total net asset value of Bitcoin spot ETFs was $59.196 billion, and the ETF net asset ratio (market value to Bitcoin's total market value) reached 4.33%, with a historical cumulative net inflow of $13.327 billion.