The reason you want a bright white light (in the 4000-5000k range) is because this is close to mimicking the color temperature of the sun. Obviously at noon, the sun has a bit more of an intense Kelvin range, but 4-5000k is what you should shoot for in your tank.
A yellow or soft white, is usually around 3000-3500k.
Ultimately, it's not the biggest deal in the world. A 3500k bulb will still protect the eyes, although I have no facts to prove that a higher Kelvin would do better. Not to say I couldn't dig up some research for you, I just simply do not have the time currently, and thought i'd chime in real quick. The higher energy of a higher Kelvin light, should protect the eyes better. It's just like I said, I have nothing to back that up at the moment besides my own understanding of it.
-Brandon