According to ChainCatcher news, Grayscale CEO Sonnenshein posted on the "Based on an understanding of the current state of Ethereum, the Ethereum network and its decentralized structure, current quotes and sales, Ethereum is not a security." With all the progress made in the industry, it is almost unimaginable that ETH will now have to be defended again as a commodity. If the crypto industry faces a challenge, then everyone needs to stand up for it.