New ETF Receives SEC Approval
SEC approves an actively managed crypto ETF offering exposure to multiple digital assets.
The U.S. Securities and Exchange Commission (SEC) has approved a new cryptocurrency-based exchange-traded fund (ETF). In practice, the product provides investors with exposure to a diversified portfolio of digital assets through a single tradable instrument, eliminating the need to purchase individual cryptocurrencies separately.
The new ETF from T. Rowe Price will operate as a basket of cryptocurrencies. Its portfolio may include major digital assets such as Bitcoin (BTC), Ether (ETH), XRP, Solana (SOL), Cardano (ADA), Avalanche (AVAX), Dogecoin (DOGE), Litecoin (LTC), Stellar (XLM), Chainlink (LINK), Shiba Inu (SHIB), and Sui (SUI).
The fund is expected to hold between five and fifteen cryptocurrencies at any given time. Portfolio managers will determine which assets are included and how they are weighted, making the product different from many traditional crypto ETFs that simply track a specific index or the price of a single asset.
The ETF will be listed on the NYSE Arca exchange. SEC approval was granted on June 12, 2026, bringing to a close a review process that began in November 2025.
The portfolio may also hold the USDC stablecoin, although only for transaction settlement and day-to-day operational purposes. USDC is not intended to serve as a core investment within the fund.
