So is this good news or bad news for Eth to be categorized as a commodity and not as a security? I think it is the former. Now, just like Bitcoin, there is no more question if these digital assets should be taken as securities which can be a big problem especially in the USA. Now, the definition has been outed by the Commodity Futures Trading Commission Chairman Heath Tarbert. And in addition, the Chairman predicted that just like Bitcoin Ether futures trading on U.S. markets can also be a reality in the near future. I am hoping this can help push the value of Eth further in the market.
I understand that you don't agree with this ruling defining and categorizing Ether as a commodity and not security but we have to respect the Commission for this decision and I am sure that a decision otherwise can make many Eth holders and supporters sad, right? So we will just be happy for Vitalik and his cohorts.