According to Eleanor Terrett on Twitter, Brian Quintenz, in his prepared remarks to the Senate Agriculture Committee, endorsed granting the CFTC new jurisdiction over spot crypto commodity markets. This move signals a potential regulatory shift that could increase oversight and transparency for spot trading in cryptocurrencies such as Bitcoin and Ethereum, impacting trading volumes and market stability. Market participants should watch for legislative progress, as expanded CFTC authority could lead to more robust compliance requirements and potentially attract institutional investors, affecting price action and liquidity in the crypto sector (source: Eleanor Terrett on Twitter, June 10, 2025).