Based on CNBC, SEC Chair Paul Atkins stated the Fee treats Ethereum like Bitcoin. He made it clear that securities legal guidelines gained’t apply to the digital coin. He additionally famous that this view stays casual till a proper rule‑making is full.
In his words, “Much like Bitcoin, the SEC has said informally greater than formally that ether just isn’t a security.” That assertion gave many traders aid and drove contemporary shopping for by massive companies.
Paul Atkins: ETH Is Not a Safety, Digital Property Are Being Embraced by the Market
Paul Atkins, Chairman of the U.S. Securities and Change Fee (@SECGov), said that the SEC “informally” considers Ethereum (ETH) to not be a safety. He famous that, like Bitcoin,… pic.twitter.com/hhomO7SEFf
— MetaEra (@MetaEraHK) July 21, 2025
Companies Search Readability
Based mostly on experiences, the SEC’s Crypto Process Power has held a number of roundtable talks this yr. Business leaders joined to debate which federal legal guidelines apply to crypto.
Underneath Gary Gensler, the company probed tokens for doable securities standing, however by no means gave a straight reply on ether. Now Atkins says Ethereum is seen as a commodity.
The Commodity Futures Buying and selling Fee has lengthy stated Ether and Bitcoin are commodities. But uncertainty lingers round whether or not staking rewards depend as earnings or tokens.
ETHUSD buying and selling at $3,685 on the 24-hour chart: TradingView
Institutional Urge for food For ETH Up
Main corporations are stacking up Ether on their stability sheets. BTCS, SharpLink Gaming and Gamesquare lead the pack. They’ve added tens of millions of {dollars}’ price of ETH in current weeks.
One startup, Ether Machine, plans a public debut backed by $1.6 billion in Ethereum capital. That determine reveals how assured some treasury groups have turn out to be.
ETF Flows Break Information And Costs Observe
ETH‑targeted funds have smashed their day by day influx information. Based mostly on ETF information, new cash into ethereum merchandise hit an all‑time excessive this month.
Staking Guidelines Nonetheless In Limbo
The thrill round these automobiles has pushed Ether’s worth to $3,639. It’s up over 24% within the final seven days. Merchants say they see extra room to develop if regulators follow Atkins’ remarks.
Functions for Ethereum staking ETFs stay on maintain. BlackRock filed its proposal months in the past, however the SEC has delayed any inexperienced gentle.
Some corporations fear that staking payouts may very well be deemed securities or earnings beneath tax legal guidelines. CFTC head Rostin Behnam continues to again the view of Ether as a commodity. However with out clear SEC steerage, gamers in DeFi and staking swimming pools face unanswered questions.
Featured picture from GBX, chart from TradingView

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