Gary Gensler refuses to say whether the SEC considers Ethereum to be a security

Although the U.S. SEC is considering multiple applications for an Ethereum ETF spot, SEC Chairman Gary Gensler declined to say whether the SEC considers Ethereum to be a security. Speaking on Bloomberg TV, Gensler said that when asked whether regulators would consider Ethereum a security, he sidestepped the question and said: “As with any crypto token, does the investing public expect that it will be based on other Profit from human effort all depends on the facts and circumstances. We do have the documents before us and I will not comment." (Decrypt)