前沿資訊：以太坊ETF獲批將為Solana ETF和商品分類奠定基礎(chǔ)

According to a recent Bernstein report, the approval of a spot Ethereum (ETH) exchange-traded fund (ETF) in the US may establish a precedent for classifying Solana (SOL) as a commodity.
?根據(jù)伯恩斯坦最近的一份報(bào)告，美國(guó)批準(zhǔn)現(xiàn)貨以太坊（ETH）交易所交易基金（ETF）可能為將索拉納（SOL）歸類為商品開(kāi)創(chuàng)先例。

The classification of cryptocurrencies as either securities or commodities holds significant implications. Commodity classification facilitates ETF applications and approvals, while security classification subjects assets to stricter SEC oversight.
?將加密貨幣歸類為證券或商品具有重大意義。商品分類有利于 ETF 的申請(qǐng)和批準(zhǔn)，而證券分類則使資產(chǎn)受到美國(guó)證券交易委員會(huì)更嚴(yán)格的監(jiān)督。

The approval of spot Ethereum ETFs would mean the SEC views the second-largest crypto as a commodity, setting a critical precedent. This would mark the first time a non-Bitcoin digital asset receives such a classification, raising expectations for Solana to follow suit.
?? 現(xiàn)貨以太坊 ETF 的批準(zhǔn)將意味著美國(guó)證券交易委員會(huì)把第二大加密貨幣視為商品，開(kāi)創(chuàng)了一個(gè)重要先例。這將標(biāo)志著非比特幣數(shù)字資產(chǎn)首次獲得這種分類，從而引發(fā)人們對(duì)索拉納效仿的期望。

Ether’s price increased earlier this week after Bloomberg analysts raised the likelihood of SEC approval for spot Ether ETFs to 75% from 25%, following reports that the regulator requested updates to filings. The SEC’s final decisions on these applications are expected later today, on May 23, following multiple delays.
?本周早些時(shí)候，彭博社分析師將美國(guó)證券交易委員會(huì)（SEC）批準(zhǔn)以太幣現(xiàn)貨交易基金（ETF）的可能性從 25% 提高到 75%，此前有報(bào)道稱該監(jiān)管機(jī)構(gòu)要求更新申報(bào)材料，以太幣價(jià)格因此上漲。在多次推遲之后，美國(guó)證券交易委員會(huì)預(yù)計(jì)將在今天晚些時(shí)候，即 5 月 23 日，對(duì)這些申請(qǐng)做出最終決定。

Bernstein’s report noted that Bitcoin’s 75% rally following the approval of spot ETFs suggests similar price action for Ethereum after approval of spot ETFs.
?伯恩斯坦的報(bào)告指出，比特幣在現(xiàn)貨 ETF 獲批后反彈了 75%，這表明以太坊在現(xiàn)貨 ETF 獲批后也會(huì)出現(xiàn)類似的價(jià)格走勢(shì)。

However, if the SEC rejects the applications, Ethereum could experience significant volatility and a steep price correction in the coming days, according to CryptoQuant research.
?然而，根據(jù)CryptoQuant的研究，如果美國(guó)證券交易委員會(huì)拒絕這些申請(qǐng)，以太坊可能會(huì)在未來(lái)幾天經(jīng)歷大幅波動(dòng)和價(jià)格急劇回調(diào)。

Crypto investor Brian Kelly expressed similar optimistic views about Solana and the potential regulatory approval of Ethereum ETF products during a recent CNBC interview. He speculated that SOL could be the next altcoin to receive ETF approval, highlighting it as a likely candidate for investment managers to push forward.
?加密貨幣投資者布萊恩-凱利（Brian Kelly）最近在接受 CNBC 采訪時(shí)，對(duì) Solana 和以太坊 ETF 產(chǎn)品可能獲得監(jiān)管部門(mén)批準(zhǔn)表達(dá)了類似的樂(lè)觀看法。他推測(cè)，SOL可能是下一個(gè)獲得ETF批準(zhǔn)的另類幣，并強(qiáng)調(diào)它可能成為投資經(jīng)理們推動(dòng)的候選幣。

Kelly emphasized that Bitcoin, Ethereum, and Solana are the “big three” digital assets that might see ETF products approved in this cycle. He noted the success of Bitcoin ETFs, which have collectively amassed a significant amount of Bitcoin, valued at around $58 billion, indicating strong demand for regulated crypto investment products.
?凱利強(qiáng)調(diào)，比特幣、以太坊和Solana是本輪ETF產(chǎn)品可能獲批的 "三大 "數(shù)字資產(chǎn)。他指出，比特幣 ETF 取得了成功，它們共同積累了大量比特幣，價(jià)值約為 580 億美元，這表明市場(chǎng)對(duì)受監(jiān)管的加密投資產(chǎn)品需求強(qiáng)勁。

However, Kelly also acknowledged some skepticism within the Solana community. He mentioned that Solana’s initial coin offering (ICO) and its classification as a security by the SEC could pose challenges for ETF approval.
?不過(guò)，凱利也承認(rèn)索拉納社區(qū)內(nèi)部存在一些懷疑態(tài)度。他提到，Solana 的首次代幣發(fā)行（ICO）及其被美國(guó)證券交易委員會(huì)（SEC）歸類為證券，可能會(huì)給 ETF 的審批帶來(lái)挑戰(zhàn)。

Despite this, Kelly remained optimistic that the shifting regulatory and political landscape might increase the chances of Solana ETF approval if Ethereum ETFs receive the green light.
盡管如此，凱利仍然樂(lè)觀地認(rèn)為，如果以太坊 ETF 獲得綠燈，監(jiān)管和政治格局的變化可能會(huì)增加 Solana ETF 獲得批準(zhǔn)的機(jī)會(huì)。