SEC may have conceded that Ethereum isn't a security as selling pressure increases

Ethereum (ETH) is up 0.5% on Thursday following speculation that the Securities & Exchange Commission (SEC) confirmed that the top altcoin is not a security. source: https://www.fxstreet.com/cryptocurrencies/news/ethereum-investors-shed-holdings-following-potential-sec-admission-on-eths-security-status-202409122110