The Research

38Tokens
12Assets with Live ETFs
8First Eight
16Named Commodities
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Showing 38 of 38 tokens
# Token CLARITY Tier Price % ATH Score Live ETFs First Filed Key Note
Adoption Score Model — How Tokens Are Ranked

The model uses six dimensions weighted for 1–2 year price gain. US Government endorsement and Global Org relationships were removed — they are lagging indicators that confirm adoption after it has already happened and do not drive price over the relevant investment horizon.

DimensionWeightTypeWhy it drives price
A — ETF catalyst timing22%LeadingMost direct capital inflow mechanism. A pending ETF decision is the clearest near-term binary catalyst.
B — Regulatory clarity20%LeadingRemoves the single largest blocker for institutional buyers. First Eight status = immediate bank and pension eligibility.
C — Supply shock / staking lockup18%LeadingReduced float = amplified price response per dollar of demand. TAO at 70%+ staked is the extreme case.
D — Corporate token purchases18%LeadingApollo buying MORPHO, BlackRock buying UNI, Coinbase buying ENA — these are direct buy orders from trillion-dollar firms.
E — Ecosystem revenue / real fees12%LeadingReal cash flow justifies and sustains price. HYPE 97% buyback, ENA $178M/yr, ETH staking yield.
F — Narrative momentum10%LeadingAI, RWA, payments themes drive retail and fund flows before fundamentals catch up. TAO, ONDO, ENA benefit.
Complete ETF Reference — By Issuer

12 assets now have at least one live US single-asset spot ETF: BTC, ETH, SOL, XRP, LINK, HBAR, LTC, DOGE, AVAX, SUI, HYPE, BNB. All prices and fees as of June 8, 2026.

Grayscale — 11 live exchange ETFs
GBTCBTCNYSE Arca · Jan 2024 · 0.15%
BTCBTC miniNYSE Arca · Jan 2024 · 0.15%
ETHEETH stakingNYSE Arca · May 2024
ETHETH mini stakingNYSE Arca · May 2024
GSOLSOL stakingNYSE Arca · Oct 28, 2025
GXRPXRPNYSE Arca · Nov 24, 2025 · 0.35%
GDOGDOGENYSE Arca · Nov 2025
GLNKLINKNYSE Arca · 2025
GSUISUI stakingNYSE Arca · Feb 18, 2026
GAVAAVAX stakingNasdaq · Feb 18, 2026
HYPGHYPE stakingNasdaq · Jun 3, 2026 · 0.29%
GTAOTAOOTCQX only · S-1 filed Dec 30, 2025 — pending NYSE Arca conversion · SEC decision Aug 2026
GADAADAFiled · ETF-eligible Aug 9, 2026 · expected launch ~Oct 2026
Bitwise — 8 live single-asset
BITBBTCNYSE Arca · Jan 2024 · 0.20%
ETHWETHNYSE Arca · May 2024 · 0.20%
BSOLSOL stakingNYSE Arca · Oct 28, 2025 · 0.20%
XRPXRPNYSE Arca · Nov 2025 · 0.20%
BWOWDOGENYSE Arca · Nov 2025
CLNKLINKNYSE Arca · 2026
BHYPHYPENYSE Arca · May 15, 2026 · 0.34%
BAVAAVAXNYSE Arca · 2026
ENA ETFENAFiled Dec 2025 — pending
BlackRock iShares — 3 live
IBITBTCNasdaq · Jan 11, 2024 · 0.25% · World's largest Bitcoin ETP — $55B+ AUM
ETHAETHNasdaq · May 2024 · 0.25% · Pure price, no staking
ETHBETH stakingNasdaq · Mar 12, 2026 · First BlackRock yield-bearing crypto product
Fidelity — 3 live
FBTCBTCCboe BZX · Jan 11, 2024 · 0.25% · Own custody via Fidelity Digital Assets
FETHETHCboe BZX · May 2024 · 0.25%
FSOLSOL stakingCboe BZX · Oct 29, 2025 · 0.25% (from May 19, 2026)
VanEck — 5 live
HODLBTCNYSE · Jan 11, 2024 · 0% fee waived to Jul 2026 on first $2.5B
ETHVETHCboe BZX · May 2024 · 0.20%
VSOLSOL stakingCboe BZX · Nov 17, 2025 · 0.30%
VAVXAVAX stakingNasdaq · Jan 26, 2026 · 0% on first $500M — FIRST US AVAX ETF
VBNBBNBNasdaq · May 28, 2026 · 0.39% · Anchorage custody — FIRST US BNB ETF
CLARITY Act — Legal Framework & Timeline

The CLARITY Act is the US legislative framework that permanently classifies digital assets as commodities or securities. Status as of June 8, 2026:

Jul 18, 2025
GENIUS Act — Signed Into Law
Stablecoin regulation permanently enacted. USDC, RLUSD, USDT governed under federal statute. Most protected crypto assets in existence.
Permanent Law
Mar 17, 2026
SEC/CFTC Joint Release — 16 Named Commodities
Binding agency rule classifying 16 tokens as commodities: BTC, ETH, SOL, XRP, ADA, AVAX, LINK, DOT, XLM, HBAR, LTC, DOGE, SHIB, XTZ, BCH, APT, ALGO. In effect March 23, 2026. Reversible by future administration — not permanent statute.
Agency Rule — Reversible
May 14, 2026
Senate Banking Committee — CLARITY Act Passes 15-9
Full Senate floor vote pending. If signed into law, the ETF grandfather clause (Page 111) automatically classifies 8 tokens as statutory commodities — BTC, ETH, SOL, XRP, LINK, HBAR, LTC, DOGE.
Senate Floor Pending
Jul 4, 2026
White House CLARITY Act Signing — Target Date
72% Polymarket odds. White House publicly named July 4, 2026 as target. Key risk: Sen. Warren filed 44 amendments including one to strip the ETF grandfather clause. Ethics provision is the deal-maker/breaker.
72% Odds — Pending
Post-passage
First Eight — Auto Statutory Commodity Status
BTC (Jan 2024), ETH (May 2024), SOL (Oct 2025), XRP (Nov 2025), LINK (2025), HBAR (Oct 2025), LTC (Oct 2025), DOGE (Jan 22, 2026). These 8 had ETFs listed before Jan 1, 2026 and auto-qualify under the grandfather provision. Bank, pension fund, and sovereign wealth fund eligibility unlocked.
Permanent if Passed