NYSE Arca Files Proposal to List T. Rowe Price Active Crypto ETF

According to BlockBeats, the U.S. Securities and Exchange Commission (SEC) said on April 25 that NYSE Arca has submitted a proposed rule change to list and trade the T. Rowe Price Active Crypto ETF. The fund would primarily invest in a diversified portfolio of five to fifteen crypto assets, including Bitcoin and Ethereum, and would hold USDC as a tokenized cash equivalent. The ETF aims for long-term capital appreciation through an active investment strategy. The SEC is soliciting public feedback on the proposal.