U.S. SEC maintains uncertainty about ETH attributes, while CFTC considers ETH attributes to be commodities
Bitget2024/06/13 15:48
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At Thursday's budget hearing, Securities and Exchange Commission (SEC) Chairman Gary Gensler, when asked directly if ETH is a commodity, Gensler did not answer yes or no, instead sticking to the agency's uncertain stance on the asset, CoinDesk reports. At the same hearing, when asked if it was a commodity, Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam replied, "Yes."
In previous news , the chairman of the U.S. SEC said it expects the S1 application for the Ether ETF to be approved sometime in the summer.
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