T. Rowe Price's Active Crypto ETF Receives SEC Approval

T. Rowe Price's Active Crypto ETF has received approval from the SEC after crossing a regulatory hurdle. The proposed rule change, as modified by Amendment No. 2, allows for the listing and trading of shares under NYSE Arca. This is a significant milestone for T. Rowe Price, which filed for regulatory approval in October 2025 with over $1.8 trillion in assets under management.

The proposed ETF would offer investors exposure to anywhere from five to 15 coins, including Shiba Inu (SHIB) and Dogecoin (DOGE), as well as other prominent cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). This development follows a recent positive move by Mercari, one of Japan's major marketplaces, which added SHIB and DOGE to its cryptocurrency lineup.

The journey from T. Rowe's initial filing with the SEC until the approval of the proposed rule change is as follows: On April 21, 2026, the first Amendment to the proposed rule change was filed, and on April 24, 2026, the SEC published notice of the proposed rule change, as modified by Amendment No. 1.4. On May 26, 2026, the second Amendment to the proposed rule change was filed.