{"id":38267,"date":"2025-07-23T02:01:46","date_gmt":"2025-07-23T02:01:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=38267"},"modified":"2025-07-23T02:01:46","modified_gmt":"2025-07-23T02:01:46","slug":"ethereum-off-the-hook-sec-chair-rules-eth-a-commodity-not-a-security","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=38267","title":{"rendered":"Ethereum Off The Hook: SEC Chair Rules ETH A Commodity, Not A Security"},"content":{"rendered":"<div>\n<p>According to CNBC, SEC Chair Paul Atkins said the Commission treats <a href=\"https:\/\/www.coingecko.com\/en\/coins\/ethereum\" rel=\"nofollow noopener\" target=\"_blank\">Ethereum<\/a> like Bitcoin. He made it clear that securities laws won\u2019t apply to the digital coin. He also noted that this view remains informal until a formal rule\u2011making is complete.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/07\/21\/cnbc-excerpts-sec-chair-paul-atkins-speaks-with-cnbcs-squawk-box-today.html\" rel=\"nofollow noopener\" target=\"_blank\">In his words<\/a>, \u201cSimilar to Bitcoin, the SEC has stated informally more than formally that ether is not a <a href=\"https:\/\/www.investopedia.com\/terms\/s\/security.asp\" rel=\"nofollow noopener\" target=\"_blank\">security<\/a>.\u201d That statement gave many investors relief and drove fresh buying by big firms.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Paul Atkins: ETH Is Not a Security, Digital Assets Are Being Embraced by the Market<\/p>\n<p>Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (<a href=\"https:\/\/twitter.com\/SECGov?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">@SECGov<\/a>), stated that the SEC \u201cinformally\u201d considers Ethereum (ETH) not to be a security. He noted that, like Bitcoin,\u2026 <a href=\"https:\/\/t.co\/hhomO7SEFf\" rel=\"nofollow\">pic.twitter.com\/hhomO7SEFf<\/a><\/p>\n<p>\u2014 MetaEra (@MetaEraHK) <a href=\"https:\/\/twitter.com\/MetaEraHK\/status\/1947340403524420093?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">July 21, 2025<\/a><\/p>\n<\/blockquote>\n<h2>Agencies Seek Clarity<\/h2>\n<p>Based on reports, the SEC\u2019s Crypto Task Force has held multiple roundtable talks this year. Industry leaders joined to discuss which federal laws apply to crypto.<\/p>\n<p>Under Gary Gensler, the agency probed tokens for possible securities status, but never gave a straight answer on ether. Now Atkins says Ethereum is seen as a <a href=\"https:\/\/www.investopedia.com\/terms\/c\/commodity.asp\" rel=\"nofollow noopener\" target=\"_blank\">commodity<\/a>.<\/p>\n<p>The Commodity Futures Trading Commission has long said Ether and Bitcoin are commodities. Yet uncertainty lingers around whether staking rewards count as income or tokens.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full\" src=\"https:\/\/www.tradingview.com\/x\/PU03N9lr\/\" width=\"2315\" height=\"1088\"><\/p>\n<h2>Institutional Appetite For ETH Up<\/h2>\n<p>Major companies are stacking up Ether on their balance sheets. BTCS, SharpLink Gaming and Gamesquare lead the pack. They\u2019ve added millions of dollars\u2019 worth of ETH in recent weeks.<\/p>\n<p>One startup, <a href=\"https:\/\/www.prnewswire.com\/news-releases\/the-ether-machine-to-go-public-with-over-1-5-billion-of-fully-committed-capital-302509349.html\" rel=\"nofollow noopener\" target=\"_blank\">Ether Machine<\/a>, plans a public debut backed by $1.6 billion in Ethereum capital. That figure shows how confident some treasury teams have become.<\/p>\n<p>ETF Flows Break Records And Prices Follow<\/p>\n<p>ETH\u2011focused funds have smashed their daily inflow records. Based on ETF data, new money into ethereum products hit an all\u2011time high this month.<\/p>\n<p>Staking Rules Still In Limbo<\/p>\n<p>The buzz around these vehicles has pushed Ether\u2019s price to <a href=\"https:\/\/coinmarketcap.com\/currencies\/ethereum\/\" rel=\"nofollow noopener\" target=\"_blank\">$3,639<\/a>. It\u2019s up over 24% in the last seven days. Traders say they see more room to grow if regulators stick to Atkins\u2019 remarks.<\/p>\n<p>Applications for Ethereum staking ETFs remain on hold. BlackRock filed its proposal months ago, but the SEC has delayed any green light.<\/p>\n<p>Some companies worry that staking payouts could be deemed securities or income under tax laws. CFTC head Rostin Behnam continues to back the view of Ether as a commodity. But without clear SEC guidance, players in DeFi and staking pools face unanswered questions.<\/p>\n<p><em>Featured image from GBX, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>According to CNBC, SEC Chair Paul Atkins said the Commission treats Ethereum like Bitcoin. He made it clear that securities laws won\u2019t apply to the digital coin. He also noted that this view remains informal until a formal rule\u2011making is complete. In his words, \u201cSimilar to Bitcoin, the SEC has stated informally more than formally [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-38267","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38267"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38267\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}