CFTC Chairman: BTC, ETH, USDT are commodities

The U.S. Commodity Futures Trading Commission has made it clear many times that they consider Ethereum to be a commodity. Although Rostin Benham, chairman of the Commodity and Futures Trading Commission (CFTC), agrees that many cryptocurrencies are securities, he also believes that BTC, ETH, USDT and other three A top asset class falls under the jurisdiction of the agency as a commodity.