According to Eleanor Terrett, a journalist at Fox Business, CFTC Chairman Behnam stated that an Illinois court has affirmed Bitcoin $BTC and Ethereum $ETH as digital commodities under the Commodity Exchange Act.

This distinction is significant in regulatory terms: commodities such as gold or oil are tradable goods, while securities denote ownership in a company.

This classification places Bitcoin and Ethereum within the CFTC's regulatory purview, distinguishing them from assets overseen by the SEC.

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