SEC's approval of Ethereum ETFs still leaves some questions | 🔸️ Bitcoin News
SEC's approval of Ethereum ETFs still leaves some questions on whether ETH is a security, lawyers say
The U.S. Securities and Exchange Commission's approval of spot Ethereum products left some this past week wondering: is ether a commodity now? That answer is still unclear. Whether the SEC has jurisdiction over ether has been hazy. The agency's Chair Gary Gensler has not explicitly said ether is a security. However, Consensys alleged that the agency has considered ether to be a security, in a complaint the crypto firm lodged against the agency last month.
