ChainCatcher report, according to The Crypto Basic, the U.S. Securities and Exchange Commission (SEC) will decide by February 26 whether to approve, deny, or delay the T. Rowe Price Active Crypto ETF. The fund’s application explicitly lists XRP as one of five to fifteen eligible crypto assets; if approved, it would provide institutions managing $1.8 trillion in assets with a regulated pathway to allocate XRP. T. Rowe Price first submitted the prospectus for this crypto fund in October last year, followed by NYSE Arca’s 19b-4 listing application, which was published in the Federal Register on November 28. The SEC extended its review period last month, setting the final decision deadline for February 26.
U.S. SEC to Decide on T. Rowe Price Active Crypto ETF by Feb 26
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Summary
SEC news: The U.S. SEC will decide by February 26 on the T. Rowe Price Active Crypto ETF. The fund includes XRP among 5 to 15 eligible assets. T. Rowe Price filed the prospectus in October 2024, and NYSE Arca submitted a 19b-4 listing application on November 28. The SEC has extended its review, setting the final decision date for February 26. Approval of this ETF could impact cryptocurrency price movements.
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