$1.8 Trillion Asset Manager ETF Featuring SHIB, DOGE Gets Green Light

A proposed rule change has been approved for T. Rowe's Active Crypto ETF including Shiba Inu and Dogecoin, marking a significant milestone.

T. Rowe Price, which has over $1.8 trillion in assets under management, filed for regulatory approval of a multi-asset crypto ETF in October 2025. This marked the first foray into the cryptocurrency space by the asset management firm.

In the latest positive development, the T. Rowe Active Crypto ETF has gotten a green light after crossing a regulatory hurdle.

An SEC document dated June 12, 2026, contained an order granting approval of the proposed rule change, as modified by Amendment No. 2 to list and trade shares of the T. Rowe Price Active Crypto ETF under NYSE Arca.

An order granting approval of a proposed rule change moves the ETF product closer to becoming available to investors.

The proposed ETF would offer investors exposure to anywhere from five to 15 coins, a list that currently includes Shiba Inu (SHIB) and Dogecoin (DOGE) and also Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Cardano (ADA), Avalanche (AVAX), Litecoin (LTC), Polkadot (DOT), Hedera (HBAR), Bitcoin Cash (BCH), Chainlink (LINK), Stellar (XLM) and Sui (SUI).

In a positive development this week, Mercari, one of Japan's major marketplaces, added Shiba Inu and Dogecoin to its cryptocurrency lineup, allowing its 23 million monthly users to access the tokens directly.

T. Rowe ETF gets greenlight

The journey from T. Rowe's initial filing with the SEC until the approval of the proposed rule change is as follows.

On April 21, 2026, the first Amendment to the proposed rule change was filed, and on April 24, 2026, the SEC published notice of the proposed rule change, as modified by Amendment No. 1.4.

On May 26, 2026, the second Amendment to the proposed rule change was filed. The latest order dated June 12, 2026, now approves the Proposal for the rule change.