SEC Seeks Public Input on Proposed Ethereum ETFs, But Approval Path Remains Unclear

SEC opened a 3-week public comment period on proposals for Ethereum ETFs from Grayscale, Fidelity, and Bitwise
Comes after SEC approval of Bitcoin spot ETFs in January, but pathway for Ethereum ETFs seems less straightforward
SEC previously resisted Bitcoin ETFs, but recent legal setback led to approval that doesn't extend to other cryptos
Introduction of Bitcoin ETFs has boosted investment, suggesting similar potential boost from Ethereum ETFs
SEC investigating whether Ethereum should be deemed a security, differentiating its status from Bitcoin