Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Expert Says Bitcoin Is Hard to Understand, Harder to Hold — But It’s Built to Rise Forever

12/07/2025

Latam Insights Encore: Bolivia’s Crypto Affair Is Unavoidable: Here’s Why

11/07/2025

Does FTX Still Have a Future — And What About FTT Token?

11/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Expert Says Bitcoin Is Hard to Understand, Harder to Hold — But It’s Built to Rise Forever

    12/07/2025

    What is a Corporate Bitcoin Treasury? The Strategy Behind Companies Holding Crypto

    11/07/2025

    VeChain’s Johnny Garcia Explains Why Texas Could Be Next to Adopt a Bitcoin Reserve

    11/07/2025

    This Project Lets You Send Bitcoin Without Internet Access

    11/07/2025

    Massive Binance Whales’ Ethereum (ETH) Accumulation: Is Supply Shock Incoming?

    11/07/2025

    Ethereum (ETH) Price Prediction for July 8

    11/07/2025

    Ethereum Whale Moves Signal Price Surge Incoming – Will ETH Hit $3,000 Soon?

    11/07/2025

    It’s Time for Ethereum (ETH), Which Lags Behind Bitcoin, to Explode! Analyst Points to This Week!

    11/07/2025

    Does FTX Still Have a Future — And What About FTT Token?

    11/07/2025

    Founder and CEO of Altcoin Whose Price Plummeted Makes Statement

    11/07/2025

    Pump.fun to Launch PUMP Token via ICO on July 12

    11/07/2025

    Interchain Foundation Funds Hadron Labs for Long-Term Maintenance of CosmWasm Smart Contract Platform

    11/07/2025

    Volume Plunges While Transactions Soar

    11/07/2025

    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

    10/07/2025

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    10/07/2025

    Why a ‘Mobile-First’ Mentality Drove OpenSea’s Latest Acquisition

    09/07/2025

    Expert Says Bitcoin Is Hard to Understand, Harder to Hold — But It’s Built to Rise Forever

    12/07/2025

    Latam Insights Encore: Bolivia’s Crypto Affair Is Unavoidable: Here’s Why

    11/07/2025

    Does FTX Still Have a Future — And What About FTT Token?

    11/07/2025

    What is a Corporate Bitcoin Treasury? The Strategy Behind Companies Holding Crypto

    11/07/2025
  • Blockchain

    DeepLink and Roam Unite to Build Borderless Cloud Access and Gaming

    10/07/2025

    A Breakthrough for Blockchain Exploration

    10/07/2025

    Dechat Forges Partnership with Bullbit AI to Transform AI-Driven Trading Infrastructure

    10/07/2025

    It May Also Be Developing Its Own Blockchain!

    10/07/2025

    Veritas and Bixos Join Forces for the Secure Tokenization of Real Estate

    10/07/2025
  • DeFi

    Plume Launches SkyLink on TRON to Enable Real-World Asset Yields

    11/07/2025

    EUL Hits New All-Time High Led by Protocol Growth

    11/07/2025

    AscendEX Forges Partnership with M3 DAO to Bridge Real-World Finance and Web3

    11/07/2025

    Aave Outperforms DeFi Sector with 52% TVL Surge in Q2

    11/07/2025

    Bitcoin Exchange Bithumb Shares New Listing Announcement! Here’s the Listed Altcoin

    11/07/2025
  • Metaverse

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025

    Bonk.fun Grabs 55% of Solana Token Issuance Share, Pushes BONK Demand

    08/07/2025

    Apple’s Top AI Exec Leaves For Meta Amid Aggressive Hiring Trend

    08/07/2025

    Automobili Lamborghini Unveils Digital Temerario and GT3 NFTs in Wilder World

    07/07/2025

    Microsoft’s AI Diagnoses Like House, Bills Like Costco

    02/07/2025
  • Regulation

    Latam Insights Encore: Bolivia’s Crypto Affair Is Unavoidable: Here’s Why

    11/07/2025

    The dollar has dropped over 10% in the first half of 2025

    11/07/2025

    Crypto M&A tops $40b in 2025 as buyers seek scale and speed

    11/07/2025

    XRP Advocate John Deaton Breaks Silence on Wall Street, Copying Strategy’s Model

    11/07/2025

    Texas Creates Its Own Digital Currency Backed by Gold and Silver

    11/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Alchemy Pay Forges Partnership with Yala to Unveil Bitcoin-Native Card

    11/07/2025

    Transak Adds Support for Ripple’s RLUSD Stablecoin for Global Fiat On-Ramping

    11/07/2025

    Jack Ma’s Ant Group Joins Circle to Bring USDC to Blockchain

    11/07/2025

    KuCoin Passes Hacken-Audited Proof of Reserves, Maintains Over 100% Collateralization for 32nd Straight Month

    11/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Blazpay and Onmi AR Unite to Elevate Web3 Gaming Experience

    10/07/2025

    Floki’s Valhalla Surpasses 100K Veras Minted Within Days of Launch

    09/07/2025

    Gear Runner Integrates with Meta Arena to Deliver Gamified Real-World Activity and Move to Earn for GameFi Fans

    09/07/2025

    Off The Grid studio unveils Solana cofounder-inspired skin

    09/07/2025

    Russia elevates AI over Bitcoin with impending ban on data center mining

    11/07/2025

    BIT Mining Stock Soars After Bitcoin, Dogecoin Miner Reveals $300 Million Solana Pivot

    11/07/2025

    Shareholders push back against high pay for public Bitcoin miner execs after record equity grants

    11/07/2025

    KULR Mining Hits 750 PH/s With New Bitmain Mining Rigs Stationed in Paraguay

    10/07/2025

    Bill Morgan Rejects ‘Staged Lawsuit’ Claims

    10/07/2025

    Trump’s crypto working group is due to submit digital asset policy proposals by July 22

    10/07/2025

    Crypto exchanges and providers thrive 6 months into EU’s MiCA regulation

    10/07/2025

    Trump Is Making Bank on Crypto: Do Voters Care?

    10/07/2025

    Expert Says Bitcoin Is Hard to Understand, Harder to Hold — But It’s Built to Rise Forever

    12/07/2025

    Latam Insights Encore: Bolivia’s Crypto Affair Is Unavoidable: Here’s Why

    11/07/2025

    Does FTX Still Have a Future — And What About FTT Token?

    11/07/2025

    What is a Corporate Bitcoin Treasury? The Strategy Behind Companies Holding Crypto

    11/07/2025
  • MarketCap
NBTC News
Home»Ethereum»If SEC classifies ETH as a security, it challenges CFTC’s commodity perspective, says analyst
Ethereum

If SEC classifies ETH as a security, it challenges CFTC’s commodity perspective, says analyst

NBTCBy NBTC21/03/2024No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


The potential classification could create a contradiction with the SEC’s prior regulatory approval of Ethereum Futures ETFs.

A recent Fortune report raised eyebrows by suggesting the US Securities and Exchange Commission (SEC) is legally pushing to classify Ethereum as a security. Despite no official confirmation from the SEC, the news is big enough to ignite controversy among financial experts and crypto members. According to Fox News journalist Eleanor Terrett, such a classification would directly challenge the Commodity Futures Trading Commission’s (CFTC) stance on Ethereum as a commodity.

Bringing this back as we talk about the @SECGov’s potential plans for the status of $ETH today.

It’s worth noting that the @CFTC has operated under the notion that $ETH is a commodity for years and has registrants that list ether futures contacts.

If the SEC classifies $ETH a… https://t.co/8P3yUuZ0jz

— Eleanor Terrett (@EleanorTerrett) March 20, 2024

Terrett said in a separate post that if the Fortune report is correct, it explains the SEC’s current inaction on spot Ethereum exchange-traded fund (ETF) applications. She speculated that the SEC might be waiting for the ongoing investigations to conclude before making a decision on these filings.

“If this is true, then it explains why the [SEC] has been so mum with the ETH spot ETF issuers. The [SEC] staff may be waiting for any lingering investigations to wrap before Gary Gensler gives them direction,” stated Terrett.

This potential move is noteworthy considering the SEC’s 2018 declaration under William Hinman, which positioned ETH “outside of the agency’s regulatory purview.” Terrett also noted the possibility of the SEC scrutinizing Ethereum’s Initial Coin Offering (ICO) during its investigation. This aligns with how New York Attorney General Letitia James argued ETH as a security based on its ICO in her lawsuit against the crypto exchange KuCoin.

If @FortuneMagazine’s reporting is correct and the @SECGov is indeed on a campaign to classify $ETH as a security, besides scrutinizing its proof-of-stake model, the regulator may also be looking into the ICO, which the @SECGov itself “put aside” when it said $ETH was not a…

— Eleanor Terrett (@EleanorTerrett) March 20, 2024

Beyond speculation

Classifying ETH as a security would be an aggressive move by the SEC, potentially contradicting its approval of Ethereum Futures ETFs. Moreover, the SEC’s ongoing struggle to define Ripple’s XRP as a security could bode well for the Ethereum team.

Shedding light on the matter, Cinneamhain Ventures partner Adam Cochran argued that there’s a chance the Ethereum Foundation’s way of selling ETH back in the day could be considered illegal under current regulations. However, he added that even if a violation occurred, it’s likely too late to pursue legal action because the statute of limitations has passed.

5/14

There is actually a decent change that the sale of Ethereum by the Ethereum Foundation was structured in a way that could be considered an investment contract sale.

It was in a time when we didn’t have a lot of guidance on these matters.

— Adam Cochran (adamscochran.eth) (@adamscochran) March 20, 2024

Cochran also highlighted that the existence of approved Ethereum Futures ETFs suggests regulators already consider ETH a commodity. This creates a potential conflict between government agencies, especially during an election year.

Furthermore, the involvement of major players like BlackRock and Wall Street firms in Ethereum-linked development could throw another wrench into the SEC’s potential regulatory efforts.

Fortune Crypto is currently the only source reporting on a potential SEC investigation. There is a lack of confirmation from other sources and details about the investigation.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Massive Binance Whales’ Ethereum (ETH) Accumulation: Is Supply Shock Incoming?

11/07/2025

Ethereum (ETH) Price Prediction for July 8

11/07/2025

Ethereum Whale Moves Signal Price Surge Incoming – Will ETH Hit $3,000 Soon?

11/07/2025

It’s Time for Ethereum (ETH), Which Lags Behind Bitcoin, to Explode! Analyst Points to This Week!

11/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Expert Says Bitcoin Is Hard to Understand, Harder to Hold — But It’s Built to Rise Forever

12/07/2025

Latam Insights Encore: Bolivia’s Crypto Affair Is Unavoidable: Here’s Why

11/07/2025

Does FTX Still Have a Future — And What About FTT Token?

11/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.