SEC continued probing Ethereum even after ETH ETF approval, Coinbase

Paul Grewal criticized the SEC’s contradictory actions, emphasizing that while Ethereum ETFs were approved, the agency continues to question whether Ethereum is a commodity or security. This creates a murky regulatory landscape.

Users are demanding clearer regulatory guidelines as they view the SEC’s approach as chaotic. The ongoing probe reflects the urgent need for transparency from the SEC regarding its decision-making processes.