The U.S. Securities and Exchange Commission (SEC) has set a final decision date of February 26, 2026, for the proposed T. Rowe Price Active Crypto ETF, a fund that notably includes exposure to XRP. The decision will determine whether the New York Stock Exchange Arca (NYSE Arca) can list and trade shares of the fund.
The proposal was initially submitted by NYSE Arca on November 6, 2025, and published in the Federal Register later that month. After extending its review period in early January 2026, the SEC has now instituted formal proceedings to evaluate if the proposed rule change meets statutory requirements for investor protection and market integrity. The fund is structured as a commodity-based trust share under NYSE Arca Rule 8.201-E.
The potential approval carries significant weight due to T. Rowe Price's stature as an asset manager overseeing approximately $1.8 trillion in assets. The proposed actively managed ETF would hold a diversified basket of digital assets, with confirmed eligible cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Litecoin (LTC), Avalanche (AVAX), Dogecoin (DOGE), Chainlink (LINK), Shiba Inu (SHIB), Bitcoin Cash (BCH), HBAR, XLM, and XRP.
The inclusion of XRP adds a layer of regulatory intrigue, given the asset's complex history with the SEC. Approval of this ETF could open the floodgates for a massive influx of institutional capital into the crypto market, further legitimizing digital assets and potentially spurring similar products from other financial institutions.
