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Brian Kelly Says Ethereum Being a Commodity Is ‘Huge’ for Crypto Markets

Brian Kelly Says Ethereum Being a Commodity Is ‘Huge’ for Crypto Markets | CryptoGlobe

Brian Kelly told CNBC that he was unconcerned by the SEC’s decision to deny bitcoin ETFs, particularly with the rise of traditional brokerages entering the crypto space. Instead, Kelly calls the CFTC’s classification of ethereum as a commodity as a ‘huge’ development for the market that will pave the way for institutional investment.