That makes sense to me as well.
Bring up to your boyfriend a conversation to find out where HE is at with the whole dynamic. Then you two can talk about both your and he feelings. It may be one conversation and you are in the same place, or it could end up being an ongoing conversation over a period of time.
The two of you can decide if and when it's right to inquire with about the other guy and how he's feeling.
Of course if HE brings it up-then the two of you get to sit in the hot seat for him!