NYSE Arca Seeks SEC Approval for T. Rowe Price Crypto ETF

NYSE Arca has submitted a proposed rule change to the U.S. Securities and Exchange Commission (SEC) to facilitate the listing and trading of the T. Rowe Price Active Crypto ETF. This ETF aims to invest in a diversified portfolio of digital assets, including Bitcoin, Ethereum, and USDC. The filing is considered a notable step toward mainstream institutional adoption of cryptocurrencies, with the SEC currently soliciting public feedback on the proposal.