Well, that is the result of their market analysis and it supports their claims to consider that ETH is no a commodity. But I think there is still a need to further their survey and market analysis to enhance the proof that it is worth saying it is now a commodity other than a usual coin used to trade with USDT and any stablecoins.

For now, I couldn't disagree but rather give support to such a claim believing that they ate right. In fact, ETH is known for its potentiality and popularity. We can't deny also that many people are buying and holding this just like what they did to Bitcoin.

I know the SEC are planning for the next step they will do to make this analysis official and be recognized.