otlight a broader regulatory shift as U.S. agencies clarify digital commodities as an open category, reshaping how blockchain-based tokens are classified and valued beyond a fixed list.
18 Crypto Assets Labeled Digital Commodities as Regulatory Shift Hits Markets
Crypto assets classified as non-securities form a broader category rather than a fixed list under a March 17, 2026, interpretation from the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission. The framework identifies at least 18 tokens as “digital commodities,” emphasizing shared characteristics tied to functional blockchain systems.
Those assets include bitcoin ( BTC), ether ( ETH), solana ( SOL), XRP ( XRP), cardano ( ADA), avalanche (AVAX), polkadot (DOT), chainlink (LINK), litecoin ( LTC), bitcoin cash ( BCH), stellar ( XLM), hedera (HBAR), tezos ( XTZ), aptos (APT), dogecoin (DOGE), shiba inu ( SHIB), algorand (ALGO), and LBRY credits (LBC). For the former 16 crypto assets, the Commission stated:
“Based on our understanding of their characteristics, terms, and functions as of the date of this release, the Commission concludes that each of these crypto assets is a digital commodity.”
“Because they are intrinsically linked to and derive their value from the programmatic operation of a crypto system that is functional, as well as supply and demand dynamics, rather than from the expectation of profits from the essential managerial efforts of others,” the SEC clarified.
Unlike the primary group, which is presented alongside discussion of derivatives markets, algorand (ALGO) and LBRY credits (LBC) are introduced to illustrate that such market infrastructure is not required for classification, as their qualification rests on the same core factors of functional network use and market-driven value rather than external managerial efforts.
18 Crypto Assets Labeled Digital Commodities as Regulatory Shift Hits Markets
Crypto assets classified as non-securities form a broader category rather than a fixed list under a March 17, 2026, interpretation from the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission. The framework identifies at least 18 tokens as “digital commodities,” emphasizing shared characteristics tied to functional blockchain systems.
Those assets include bitcoin ( BTC), ether ( ETH), solana ( SOL), XRP ( XRP), cardano ( ADA), avalanche (AVAX), polkadot (DOT), chainlink (LINK), litecoin ( LTC), bitcoin cash ( BCH), stellar ( XLM), hedera (HBAR), tezos ( XTZ), aptos (APT), dogecoin (DOGE), shiba inu ( SHIB), algorand (ALGO), and LBRY credits (LBC). For the former 16 crypto assets, the Commission stated:
“Based on our understanding of their characteristics, terms, and functions as of the date of this release, the Commission concludes that each of these crypto assets is a digital commodity.”
“Because they are intrinsically linked to and derive their value from the programmatic operation of a crypto system that is functional, as well as supply and demand dynamics, rather than from the expectation of profits from the essential managerial efforts of others,” the SEC clarified.
Unlike the primary group, which is presented alongside discussion of derivatives markets, algorand (ALGO) and LBRY credits (LBC) are introduced to illustrate that such market infrastructure is not required for classification, as their qualification rests on the same core factors of functional network use and market-driven value rather than external managerial efforts.