Why the SEC Shouldn’t Classify ETH as a Security

Further, IntotheBlock found that, as of six months ago, there are more than double the number of long term ETH holders (73.5 million) than bitcoin (33.61 million). There are 5,370 addresses holding between 1,000-10,000 ETH but only 1,920 addresses with between 1,000-10,000 BTC.

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• Source: https://www.coindesk.com/consensus-magazine/2024/03/20/why-the-sec-shouldnt-classify-eth-as-a-security/?utm_medium=referral&utm_source=rss&utm_campaign=headlines