The U.S. Securities and Exchange Commission approved NYSE Arca Inc.'s proposal to list and trade shares of the T. Rowe Price Active Crypto ETF on June 12, 2026, according to an SEC order. NYSE Arca filed the proposed rule change on Nov. 6, 2025, and the SEC published it for comment later that month. The approval covers an active investment strategy across multiple digital assets, contrasting with generic listing standards that allow faster approval for single-asset products but do not cover all features of actively managed funds.
SEC Names 15 Eligible Crypto Assets for T. Rowe Price ETF
The SEC order states that as of the date of the filing of Amendment No. 2, the sponsor considers the following to be eligible assets: bitcoin (BTC), ether (ETH), SOL (SOL), XRP (XRP), ADA (ADA), AVAX (AVAX), litecoin (LTC), DOT (DOT), dogecoin (DOGE), HBAR (HBAR), bitcoin cash (BCH), LINK (LINK), lumen (XLM), shiba inu (SHIB), and sui (SUI).
Crypto holdings must come from the sponsor's eligible assets list. The fund normally expects to hold five to 15 eligible assets, though holdings may move above or below that range. Fund assets may also include cash, cash equivalents, and stablecoins, with USDC identified for operational use. The order states USDC may support expenses, crypto purchases, and trading efficiency, but not investment purposes or principal holdings.
T. Rowe Price Active Crypto ETF Uses FTSE Benchmark Without Index Tracking
The fund seeks long-term capital growth through crypto asset investments and will use the FTSE Crypto US Listed Index as a performance benchmark. Its active structure means the sponsor can select and weight holdings from the available crypto asset pool, rather than replicate a single asset price or index portfolio.
The sponsor, T. Rowe Price Sponsor LLC, will manage the fund's investment strategy. The fund is organized as a Delaware statutory trust, with CSC Delaware Trust Company as trustee, and will use a custodian for crypto asset and stablecoin holdings.
NYSE Arca Filed Proposal in November 2025
NYSE Arca filed the proposed rule change on Nov. 6, 2025. The SEC published it for comment later that month. The approval covers the fund's active strategy, eligible crypto assets, payment stablecoin use, portfolio transparency, and exchange trading protections.
Generic listing standards approved in 2025 created a faster route for qualifying commodity-based trust shares, including some crypto asset exchange-traded products. Those standards allow exchanges to list eligible products without filing a separate rule change for each one, if the product meets preset exchange conditions. This proposal required a separate SEC order because the generic listing framework does not cover all fund features. The order addresses active management, payment stablecoin use, daily portfolio transparency, information-sharing rules, and other exchange trading conditions.
The SEC wrote: "This order approves the proposal."
FAQ
What did the SEC approve on June 12, 2026?
The SEC approved NYSE Arca Inc.'s proposal to list and trade shares of the T. Rowe Price Active Crypto ETF, according to an order dated June 12, 2026.
Which crypto assets are eligible for the T. Rowe Price Active Crypto ETF?
As of the date of the filing of Amendment No. 2, the sponsor considers the following to be eligible assets: bitcoin (BTC), ether (ETH), SOL (SOL), XRP (XRP), ADA (ADA), AVAX (AVAX), litecoin (LTC), DOT (DOT), dogecoin (DOGE), HBAR (HBAR), bitcoin cash (BCH), LINK (LINK), lumen (XLM), shiba inu (SHIB), and sui (SUI).
When did NYSE Arca file the proposed rule change for the T. Rowe Price Active Crypto ETF?
NYSE Arca filed the proposed rule change on Nov. 6, 2025, and the SEC published it for comment later that month.
