The U.S. Securities and Exchange Commission (SEC) has initiated a three-week comment period for proposals on spot Ethereum ETFs from Grayscale Investments, Fidelity, and Bitwise, starting from early April 2024. This move, announced on April 3, 2024, comes after repeated delays in the SEC's decision-making process regarding these ETFs. The SEC is now actively seeking comments from the public on these proposals, as noted on April 4 and 5, 2024. The focus on Ethereum's proof-of-stake mechanism, highlighted on April 7, 2024, aims to address concerns regarding fraud and manipulation. Additionally, there has been speculation on the potential approval of these ETFs, with predictions suggesting a decision could come as soon as May 2024.