Definition ∞ Commodity interests generally refer to agreements or instruments that derive their value from an underlying commodity, such as futures contracts, options, or swaps. In a broader sense, this classification extends to assets whose value is determined by supply and demand, often without direct reference to a specific physical item. Within financial markets, these instruments allow participants to gain exposure to price movements without owning the physical asset itself. Their market activity reflects expectations regarding future price trends of the underlying goods.
Context ∞ The concept of commodity interests is highly relevant in discussions concerning the regulatory classification of digital assets. Authorities like the Commodity Futures Trading Commission (CFTC) assess whether certain cryptocurrencies or their derivatives qualify as commodities, impacting their oversight and trading rules. This ongoing regulatory evaluation shapes how digital assets are offered, traded, and settled, directly influencing market structure and participant obligations.