TLDR

NYSE Arca has submitted a new application to the SEC to list the T. Rowe Price Active Crypto ETF.
The ETF will include top cryptocurrencies such as Bitcoin, Ethereum, XRP, Dogecoin, and Shiba Inu.
T. Rowe Price will use an active strategy to adjust crypto holdings based on real-time market signals.
The ETF will calculate its daily value using a reference-rate system from major trading platforms.
The fund will rely on a regulated custodian with secure offline storage for its digital assets.

NYSE Arca has submitted a fresh application to the SEC to list the T. Rowe Price Active Crypto ETF. The ETF will include assets such as Bitcoin, Ethereum, XRP, Dogecoin, and Shiba Inu under an active management strategy. This marks an update to T. Rowe’s earlier filing, pushing the fund closer to public trading approval.

Bitcoin and Ethereum to Lead ETF Holdings

T. Rowe will place top priority on BTC and ETH, the largest cryptocurrencies by market capitalization. The fund will not track an index but adjust exposure using market signals, according to the SEC filing. This approach allows T. Rowe to shift holdings quickly when market trends change.

The filing outlines how the ETF will compute its daily value using a reference-rate system. This rate combines prices across various trading platforms to reflect accurate market conditions. Such methods aim to maintain transparency and operational reliability.

The document also confirms the use of a regulated crypto custodian for offline asset storage. This custodian will implement safeguards to reduce risks linked to fund operations. T. Rowe emphasized that all storage will follow strict compliance protocols.

XRP, DOGE, SHIB Included in Broader Digital Basket

T. Rowe confirmed it will also hold digital assets like XRP, DOGE, and SHIB. The inclusion follows growing institutional interest in these coins, based on past ETF approvals. NYSE Arca recently approved a DOGE ETF from Bitwise and earlier allowed Grayscale to include XRP.

The fund may also use stablecoins such as USDC to manage liquidity when required. This mechanism ensures T. Rowe can respond quickly to investor inflows or redemptions. All such operations will fall within a flexible creation and redemption framework.

The filing notes that authorized participants may transact in cash or crypto. This decision will depend on market demand and current trading conditions. T. Rowe structured the process to match existing digital asset fund protocols.

Surveillance, Market Controls, and Custody Outlined

NYSE Arca stated the ETF includes updated risk management and market surveillance controls. T. Rowe has detailed how it will address volatility, price manipulation, and cyber threats. These systems aim to ensure smooth and secure trading.

The application includes provisions for enhanced market transparency. Real-time data will be shared with regulators and participants during market hours. This step helps T. Rowe align with existing regulatory standards.

Custodial services will ensure all assets remain secure through multi-layer offline storage. This limits access and adds protection against external threats or technical failures. T. Rowe has highlighted these features as central to the fund’s risk mitigation plan.

The SEC has not yet issued a decision on this latest application. T. Rowe will await approval before proceeding to launch. This submission reflects ongoing efforts to bring more crypto ETFs to U.S. exchanges.

The post T. Rowe Price Seeks SEC Green Light for Active Crypto ETF on NYSE appeared first on Blockonomi.

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Filed under: Bitcoin - @ November 27, 2025 10:23 pm