The US Securities and Exchange Commission (SEC) has identified 18 crypto assets, including bitcoin and ether, as “digital commodities” in a move that could reshape the markets. This new classification broadens the definition of digital commodities beyond a fixed list, emphasizing shared characteristics tied to functional blockchain systems. The SEC states that these assets are classified based on their intrinsic link to programmatic operation of a crypto system and supply and demand dynamics, rather than profits generated by centralized management.
Source: https://news.bitcoin.com/sec-identifies-18-crypto-tokens-as-digital-commodities-in-move-that-could-reshape-markets