XRP, DOGE, and SOL now get the same ETF perks as Bitcoin under new bill, exempting them from certain disclosure requirements.
As of January 1, 2026, several popular cryptocurrencies, including XRP, Dogecoin, and Solana, are now being treated similarly to Bitcoin in the eyes of regulatory frameworks.
A new bill focuses on token classifications and their inclusion in exchange-traded products.
It would exempt tokens that serve as the primary asset in nationally listed ETFs from standard disclosure requirements. This means XRP, Doge, Solana, and others now benefit from the same ETF advantages previously reserved for Bitcoin and Ethereum.
New Bill Redefines ETF Classification for Tokens
Under this bill, certain tokens are now classified as non-ancillary assets based on their inclusion in exchange-traded products.
This reclassification impacts a broad range of cryptocurrencies, notably XRP, Doge, Solana, and others. These tokens, when included as the main assets in ETFs listed on national exchanges, will be exempt from certain disclosure requirements.
For example, Bitcoin and Ethereum have long been treated favorably due to their inclusion in ETFs, which have boosted their recognition in traditional financial markets.
Now, tokens like XRP, Solana, and Dogecoin, which were once considered ancillary, are afforded similar status. This change allows these tokens to gain more legitimacy and attract more institutional investment.
The bill’s focus on providing equal treatment for these tokens may help mitigate concerns around regulatory barriers. By leveling the playing field, it opens up new possibilities for tokens that were once excluded from major financial products.
Senate Banking Committee’s Market Structure Bill
In addition to the ETF-related changes, an incomplete draft of the Senate Banking Committee’s market structure bill has surfaced. This draft omits the section on stablecoin yield, which had previously been a point of contention.
However, the bill does include two small ethics provisions under Banking’s jurisdiction, which relate to felony convictions and insider trading.
Sources indicate that a compromise has been reached between traditional finance (TradFi) and decentralized finance (DeFi) sectors.
The compromise, reflected in Section 601, focuses on protecting software developers. This provision aims to address concerns raised by traditional finance players, particularly securities trade associations like SIFMA.
They were worried that DeFi protocols might create opportunities for regulatory arbitrage, undermining financial market stability.
This compromise signals progress in bridging the gap between DeFi and TradFi. By safeguarding software developers, the bill may provide more clarity for the growing DeFi sector, while balancing concerns from traditional financial institutions.
Related Reading: New Trump Proposal Could Make XRP, Bitcoin, and More Tax-Free
The Future of Crypto in Financial Products
The new bill and its provisions mark a significant shift in the landscape of cryptocurrency regulation.
By ensuring that tokens like XRP, Dogecoin, and Solana are treated similarly to Bitcoin, the bill encourages greater adoption of crypto assets in mainstream financial products. These changes could enhance the flow of institutional capital into crypto, helping the market mature.
However, the successful passage of the bill will require ongoing discussions among lawmakers. As the Senate Banking Committee works through its final revisions, stakeholders in the crypto and traditional finance sectors will closely monitor the situation.
The outcome of these discussions could determine the long-term impact on the crypto industry’s relationship with mainstream finance.
While some challenges remain, the bill’s progress represents a step forward in integrating cryptocurrency into traditional financial markets. If successful, it could pave the way for further regulatory clarity and open the door for more investment in digital assets.
Source: https://www.livebitcoinnews.com/why-xrp-dogecoin-and-solana-now-have-the-same-etf-perks-as-bitcoin/
