Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
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
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.
0

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: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!