$TRX
Challenges of Ethereum Exchange-Traded Funds Amid Regulatory Delays and Market Decline**
Ethereum exchange-traded funds are facing challenges as total net assets have declined 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 regarding the custody of Ethereum funds managed by Grayscale until June, negatively impacting investor enthusiasm. Nevertheless, options trading for Ethereum funds was approved on April 9, which may boost institutional interest. The price of Ethereum hovers around $1,600, reflecting weak market sentiment. Tron founder Justin Sun remains optimistic, refusing to sell his Ethereum holdings, indicating hope for the future.