Key facts
- The SEC approved the T. Rowe Price Active Crypto ETF.
- The ETF will hold between 5 and 15 qualified digital assets.
- Eligible assets include Bitcoin, Ether, Solana, XRP, Cardano, Avalanche, Litecoin, Polkadot, Dogecoin, Chainlink, Stellar, Hedera, Bitcoin Cash, Shiba Inu, and Sui.
- The fund is actively managed, aiming to outperform a benchmark index.
- The SEC stated the ETF includes protections against market manipulation and for investors.
The U.S. Securities and Exchange Commission (SEC) has approved a new actively managed cryptocurrency exchange-traded fund (ETF) from T. Rowe Price, allowing investors to gain exposure to a diversified basket of digital assets. The T. Rowe Price Active Crypto ETF, approved on June 12, will be listed on NYSE Arca under its Commodity Based Trust Shares framework.