
Bitplanet: Failed CLARITY Act vote leaves bitcoin's commodity status intact
- —The Senate on Sept. 15 rejected the motion to proceed on the CLARITY Act 49-50, 11 votes short of the 60-vote threshold
- —A March 17 joint SEC-CFTC interpretation cited bitcoin as an example of a digital commodity, not a security
- —The interpretation carries no force of law; BlackRock flagged this as a risk factor in its iShares Bitcoin Trust report
- —US spot bitcoin ETFs saw $450.4M of outflows on Sept. 15 and $295.9M on Sept. 16, then $159.5M and $433M of inflows on Sept. 17-18
Why it matters: Bitcoin's commodity status holds, but without legislation, spot-market oversight stays with regulators and courts rather than statute.
Source: TokenPost