There are equivalent router bits for that joint (Infinity Tools has one here:
https://www.infinitytools.com/glue-joint-router-bits ), but does using that bit prevent bowing/cupping when clamping? Sure, using those bits or biscuits or dominos can help with alignment at the edges, but that's not the whole story. And those profiles aren't suitable if the end grain is visible, at least for my aesthetics.