CFTC chief says Bitcoin is the only commodity in the wake of FTX collapse By Cointelegraph

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CFTC chief says Bitcoin is the only commodity in the wake of FTX collapse

The chief of the United States Commodity Futures Trading Commission (CFTC), Rostin Behnam, claimed is the only crypto asset that can be viewed as a commodity during an invite-only crypto event at Princeton University, reported Fortune.

Behnam’s comments are quite a contrast to his early statements in October, where he claimed Ether (ETH) could also be viewed as a commodity. The CFTC chief was answering a question on which crypto assets should be seen as commodities and which ones qualify as securities.