Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Opinion: SEC strongly suggests ETH is a commodity rather than a security in its spot Ethereum ETF approval order

Opinion: SEC strongly suggests ETH is a commodity rather than a security in its spot Ethereum ETF approval order

Odaily2024/07/21 02:51
By: Odaily
ETH-1.63%
Odaily News Nate Geraci, president of The ETF Store, cited an analysis report from the law firm Foley Lardner LLP, pointing out that the most important development of the U.S. SEC in the ETH spot ETF approval order is that the SEC strongly implies that ETH is a commodity rather than a security. In addition, the approval order indicates that crypto assets can start as securities and transform into commodities over time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

YBUSDT now launched for futures trading and trading bots
Bitget Announcement2025/10/15 11:07
New spot margin trading pair — ENSO/USDT!
Bitget Announcement2025/10/15 10:00

Trending news

More
1
YBUSDT now launched for futures trading and trading bots
2
[Initial Listing] Bitget Will List ZEROBASE (ZBT). Come and grab a share of 1,750,000 ZBT

Crypto prices

More
Bitcoin
Bitcoin
BTC
$111,172.71
-0.13%
Ethereum
Ethereum
ETH
$4,071.29
+2.57%
Tether USDt
Tether USDt
USDT
$1
+0.04%
BNB
BNB
BNB
$1,177.3
+1.16%
XRP
XRP
XRP
$2.48
+2.65%
Solana
Solana
SOL
$202.05
+4.36%
USDC
USDC
USDC
$0.9998
-0.02%
Dogecoin
Dogecoin
DOGE
$0.2007
+2.22%
TRON
TRON
TRX
$0.3177
+2.53%
Cardano
Cardano
ADA
$0.6880
+2.60%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter