Clarity Act; cryptocurrency Bill could pass the Senate Let me used by investors XRP ETFs are similar to banks.
invoice appearance Clarify the rules for digital assets and maybe give Reporting requirements are reduced if certain tokens already exist. return US-listed ETFs, put XRP In addition, there are several assets that can be treated as commodities.
Notably, recent interpretations from the community suggest that investors can be treated. XRP ETFs are like flexible custodial accounts. suggest By physical deposit, move XRP put directly into the fund and receive Matching stocks.
Key data points
- XRP ETF accepts direct deposit of tokens and allows users to swap XRP You can receive Fund shares without converting them into cash.
- Under the Clarity Act, give XRP and other ETF-backed tokens have regulatory status closer to the product.
- If the investor chooses to deposit XRP Investing directly in an ETF allow We are asking you to treat ETFs like banks.
- Depositing money XRP Investing in ETFs may trigger capital gains taxes under current IRS regulations.
- XRP Since its inception in November 2025, the ETF has generated $1.37 billion in inflows.
How can investors respond? XRP ETF as a bank
The idea that investors can treat these funds like banks is that XRP Community Critic Chad Steingraber. he said these XRP ETF accepts direct deposits XRP instead of Investors must first convert their tokens into cash. According to him, when someone makes a deposit, XRPYou will receive ETF shares matching the value of . what they put in.
Steingraber believes most people may choose this route once regulations become clearer. passing of clarity activity because that let’s They can easily toggle their holding of tokens themselves or own stock internal Traditional investment products.
In this model he XRP ETF It was done act like Store value, withdraw it as needed, and move funds This is similar to using a bank account.
The investor told him XRP Invest in ETFs when you want safe, regulated exposure, then convert your shares back into tokens whenever you need to make a payment or transfer. XRP ledger. In that sense, ETFs can serve as safe holding zones.
Important notes to note
However, it is important to note that only authorized participants (APs) actually deposit tokens. Spot ETF. General investors cannot send money XRP or other assets directly to the fund. Instead, AP handles creation and redemption, XRP Everyday investors issue new ETF shares simply Buy and sell those shares on the open market.
Alsoeven if this did good result, make a call The scope for comparison expands between ETFs and banks. Specifically, ETFs hold value and allow transfers, but they do not provide insured accounts, loans, or other core banking services. It remains to be seen whether U.S. lawmakers intend to bridge the gap.
Progress on Transparency Act
Steingraber’s latest comments came later Crypto in America journalist Eleanor Terrett recently shared details about the Clarity Act. Specifically, in one section, give Regulatory treatment is easier if a particular token already exists return Becomes a US-listed ETF by January 1, 2026.
Interestingly, This group includes: XRP, Solana, Litecoin, Hedera, Dogecoin, Chainlink, put they next to Bitcoin and Ethereum. Under this proposal, these assets would be avoid strict disclosure requirements normally Applies to securities.
The bill stipulates that to qualify, a token must serve as a primary asset within a domestically listed ETF. This language does not formally reclassify these tokens, but moves them into more commodity-like treatment. in press At the moment, this bill is still being debated and amended.
