SEC Will Classify Ether as Security

Krutika Adani

Bitcoin super bull Michael Saylor is confident that Ether will be classified as a security by the US SEC

Saylor said this would cast doubt on the hopes of the community

Saylor predicted similar classifications for BNB, XRP, and other cryptocurrencies

The deadline for Ethereum ETF approval is on May 23 and 24 for VanEck and ArkInvest, respectively

Currently, Ether holds a dual status as a commodity and a security due to a dispute between the US CFTC and the US SEC