$TRX

Challenges of Ethereum-Specific Exchange-Traded Funds Amid Regulatory Delays and Market Decline**

Ethereum-specific exchange-traded funds are facing challenges as total net assets have dropped by more than 60%, with no net inflows recorded for all nine Ethereum funds as of April 18, 2025. The Securities and Exchange Commission has postponed decisions on custody for Grayscale's Ethereum funds until June, negatively impacting investor enthusiasm. Despite this, options trading for Ethereum funds was approved on April 9, which could boost institutional interest. The price of Ethereum is hovering around $1,600, reflecting weak market sentiment. Tron founder Justin Sun remains optimistic, refusing to sell his Ethereum holdings, indicating hope for the future.