T. Rowe Price's New Crypto ETF Puts $BTC, $ETH, $XRP, $SOL and $SHIB in One Wrapper

The U.S. Securities and Exchange Commission has approved a new actively managed crypto ETF from T. Rowe Price, expanding the lineup of exchange-traded products that give investors single-ticket access to the digital asset market. The fund is set to list on NYSE Arca under the exchange's Commodity Based Trust Shares framework.

According to the SEC filing dated June 12, the T. Rowe Price Active Crypto ETF is designed to generate long-term capital growth through a diversified portfolio of crypto assets. The fund will typically hold between 5 and 15 qualified digital assets at any given time, with that number subject to change. Eligible assets listed in the filing include Bitcoin ($BTC), Ether ($ETH), Solana ($SOL), XRP ($XRP), Cardano ($ADA), Avalanche ($AVAX), Litecoin ($LTC), Polkadot ($DOT), Dogecoin ($DOGE), Chainlink ($LINK), Stellar ($XLM), Hedera ($HBAR), Bitcoin Cash ($BCH), Shiba Inu ($SHIB) and Sui ($SUI).

The approval adds T. Rowe Price to a growing roster of asset managers pursuing multi-asset crypto ETF structures. BlackRock and other issuers have recently advanced filings of their own as competition intensifies in the spot and thematic crypto product category.

The T. Rowe Price fund will be actively managed, distinguishing it from passive spot products tied to a single asset. The structure allows portfolio managers to adjust allocations across the eligible asset list in response to market conditions, while remaining within the disclosed investment parameters.