The approval of Ethereum ETFs is expected to lead to increased investment in Ethereum, potentially causing a short-term decline in the prices of Solana (SOL) and Wrapped Infinite Fuel (WIF) as investors switch to Ethereum and other competing assets.

This is because Ethereum ETFs will provide an easier and more regulated way for institutional investors to invest in Ethereum, potentially leading to a significant influx of capital into the Ethereum ecosystem.

However, once the initial hype surrounding Ethereum ETFs subsides, it is likely that SOL and WIF will regain attention from investors. This is because both SOL and WIF have unique strengths and value propositions that make them attractive investment opportunities in their own right.