On May 24, etherium formally became a commodity
https://cointelegraph.com/news/sec-etf-decision-means-ether-other-tokens-not-securitiesBut to begin trading, a form of S-1s must be approved, which can take anywhere from a few weeks to a few months.
But anilithics says that's a formality.
But lawyers still can't come to a general consensus. On the one hand, etherium is a commodity if the form of S-1s is adopted. There's no disagreement here.
But even after the adoption of the form of S-1s, the SEC can symtomize etherium, which is in steaking as a security.
That is why ETF funds refuse to be staked. If legal practice in the U.S. goes this way, it will also apply to other coins with steeking.