SEC and CFTC Clear Path for Crypto Trading on Major U.S. Exchanges

The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have jointly confirmed that registered exchanges can facilitate trading of certain spot crypto commodity products, a move that marks one of the strongest signals yet of regulatory clarity in the United States.

By explicitly treating these assets as commodities, the decision paves the way for crypto products to appear on leading venues like the NYSE and Nasdaq. This step is expected to accelerate mainstream adoption and expand access through major brokerages.

The announcement also highlights a shift in tone from U.S. regulators, with both agencies signaling stronger support for innovation and competition in digital assets. The joint statement builds on ongoing programs such as the SEC’s Project Crypto and the CFTC’s Crypto Sprint, encouraging market participants to engage on implementation.

Despite the regulatory breakthrough, crypto markets reacted cautiously. Total market capitalization inched up to $3.91 trillion, with Bitcoin holding above $111,000 and Ethereum sliding to $4,300. Altcoins such as Solana and Bitcoin Cash posted moderate gains, while analysts suggest markets are cooling before a possible fourth-quarter rally tied to anticipated Fed rate cuts.