Ethereum’s regulatory status just received an unofficial green light from the top of the U.S. Securities and Exchange Commission.
Speaking in a televised interview, SEC Chair Paul Atkins hinted that the Commission views Ethereum more like a commodity than a security—a position long held by the CFTC.
Though not a formal declaration, Atkins’ remarks echo previous comments on Bitcoin, aligning both assets under the commodity banner. He acknowledged Ethereum’s growing influence as a foundational blockchain powering much of today’s crypto innovation.
The statement arrives at a crucial time. Ethereum is experiencing a sharp rise in institutional demand, with public companies such as BTCS and SharpLink Gaming loading ETH onto their balance sheets. New entrants like Ether Machine plan to hold over $1.6 billion in ETH once it goes public.
Meanwhile, ETF products tied to Ethereum are gaining traction, pulling in strong capital flows and fueling a surge in price. ETH has jumped more than 24% over the past week, recently climbing above $3,780.
Despite the optimism, questions remain—particularly around staking and its legal treatment. While the SEC delays decisions on ETH staking ETFs, market participants continue to interpret the agency’s tone as increasingly favorable.
Source: https://coindoo.com/sec-chair-says-ethereum-is-a-commodity-not-a-security/