T. Rowe Price crypto ETF gets SEC approval for up to 15 assets

T. Rowe Price’s application for an actively managed cryptocurrency ETF has cleared a key regulatory threshold, according to a Securities and Exchange Commission document dated June 12, 2026. The SEC has approved a proposed rule change, along with its second amendment, that will permit the T. Rowe Price Active Crypto ETF to be listed and traded on NYSE Arca.

Approval accelerates path to investor access

While the decision does not mean the fund is immediately available for trading, the acceptance of the rule change brings the product one step closer to being offered to investors. T. Rowe Price, highlighted in the report, is a major U.S. asset management firm with over $1.8 trillion under management.

The company filed its regulatory application for this multi-asset crypto ETF in October 2025, marking its first official venture into digital asset products. This move signals a milestone in T. Rowe Price’s strategy to expand into the crypto market.

Fund to include SHIB, DOGE, and other major cryptocurrencies

According to the application, the ETF will provide investors access to a portfolio of between five and fifteen different cryptocurrencies. The current draft includes Shiba Inu, Dogecoin, Bitcoin, Ethereum, Solana, XRP, Cardano, Avalanche, Litecoin, Polkadot, Hedera, Bitcoin Cash, Chainlink, Stellar, and Sui. This design demonstrates the intention to offer exposure not only to top market cap tokens, but also to a broader basket of assets.

The report also notes that Japanese e-commerce giant Mercari recently added Shiba Inu and Dogecoin to its crypto asset lineup this week, granting the platform’s 23 million monthly users direct access to these two coins.

Application review process gained momentum in April and May

A look at the timeline shows that the first amendment to the proposed rule change was submitted on April 21, 2026. Just three days later, on April 24, the SEC published an announcement regarding the revised submission.

A second amendment followed on May 26, 2026. With the SEC’s formal order on June 12, the proposed rule change received official approval. This marks the most significant regulatory advance for T. Rowe Price’s crypto ETF to date.

When operational, the fund is expected to broaden investor access to a diverse range of crypto assets, addressing increasing demand for regulated exposure to the sector. The presence of coins like SHIB and DOGE in the fund’s portfolio highlights efforts to capture both mainstream and emerging digital asset trends.

Industry observers view SEC approval of the rule change as a pivotal development for T. Rowe Price and a signal of growing regulatory openness toward diversified crypto products. The process, however, remains subject to additional technical and operational requirements prior to market launch.

Additional steps include finalizing listing procedures, ensuring robust custody and compliance structures, and receiving final SEC sign-off before the ETF can officially begin trading. T. Rowe Price’s proactive approach reflects a broader trend among asset managers integrating digital assets into their offerings.

Market participants are closely watching for the ETF’s eventual launch date, which could set a precedent for other asset managers eyeing multi-crypto exchange traded funds. The evolving regulatory landscape is expected to continue shaping the availability and structure of crypto investment vehicles in the U.S.

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