Digital Asset Market Transparency Act Equates XRP, SOL, LTC, HBAR, DOGE, LINK to Bitcoin, Ethereum for ETPs (securities traded on exchanges) Before Jan. 1, 2026
According to the act, these tokens receive equivalent treatment only if they become underlying assets (assets backing a product) of exchange-traded products (securities traded on exchanges) before January 1, 2026.
BTC
ETH
SOL
Summary
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Terms & Concepts
- Exchange-traded product (ETP): A security that tracks an asset, index, or commodity and trades on an exchange; used to gain crypto exposure without holding coins directly.
- Underlying asset: The asset from which a financial product derives its value, such as a token held within an exchange-traded product.