CFTC chair Rostin Benham retracts to previous statements, saying Ether is a security.
The CFTC has been lobbying for more oversight of the crypto market. 
Rostin Benham, the chairman of the U.S. Commodity Futures Trading Commission (CFTC), has said that Bitcoin (BTC) is the only cryptocurrency that is a commodity. His comments suggest that Ethereum (ETH) could be a security.
The CEO of Microstrategy, Michael Saylor, denoted this in a tweet citing Benham’s remarks during an invitation-only crypto event at Princeton University. Saylor, an ardent Bitcoin maximalist, shared that the CFTC chair has now walked back on remarks he made in October when he suggested that Ether may also be a commodity.
Today at Princeton, CFTC Chair Rostin Behnam said that the only cryptocurrency that should be viewed as a commodity is #Bitcoin, walking back from previous remarks made in October when he suggested Ether may also be a commodity.https://t.co/o5NrejDVaU
— Michael Saylor⚡️ (@saylor) December

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