T. Rowe Price Crypto ETF Approved With XRP as Third-Largest Holding

The U.S. SEC has approved NYSE Arca's rule change, clearing the path for T. Rowe Price's Active Crypto ETF to launch with XRP as its third-largest holding. XRP carries an 11.42% weighting in the fund, positioned behind only Bitcoin and Ethereum. The approval marks a continued shift in regulatory treatment, as XRP is increasingly integrated into regulated investment products managed by established Wall Street asset managers.

XRP Holds 11.42% Allocation as Third-Largest Asset in Approved ETF

According to the approved allocation, XRP carries an 11.42% weighting, making it the third-largest holding in the fund, behind only Bitcoin (BTC) and Ethereum (ETH). This places it ahead of several major assets, including Solana, Cardano, Dogecoin, Avalanche, Bitcoin Cash, Chainlink, and Stellar.

In a professionally managed, regulated ETF tied to one of Wall Street's most established asset managers, XRP isn't treated as marginal exposure. It sits firmly in the core allocation tier.

T. Rowe Price Receives SEC Approval for Multi-Asset Crypto Fund

T. Rowe Price manages hundreds of billions in assets globally. The SEC approval for a product with XRP as a major holding draws attention from wealth managers and institutional allocators who track these structures closely.

The approval removes a layer of friction between XRP and traditional capital. Each regulated product that includes the asset expands its visibility and makes access easier for institutional investors.

XRP Weighting Exceeds Solana and Other Major Cryptocurrencies

Within the same fund, XRP's weighting stands out. Solana, often viewed as one of the strongest competitors in the smart contract space, sits lower at 8.66%. Several other well-known cryptocurrencies combined still don't match XRP's allocation, underscoring how heavily it is represented in the index design.

For years, regulatory uncertainty in the U.S. kept many institutions cautious on XRP. This approval signals a continued shift, where XRP is increasingly being integrated into regulated investment products rather than excluded from them.

FAQ

What is the XRP allocation in T. Rowe Price's Active Crypto ETF?

XRP holds an 11.42% weighting in the fund, making it the third-largest asset behind Bitcoin and Ethereum. This allocation places XRP ahead of Solana (8.66%), Cardano, Dogecoin, Avalanche, Bitcoin Cash, Chainlink, and Stellar.

Why is the SEC approval of T. Rowe Price's crypto ETF significant for XRP?

The approval removes regulatory friction and integrates XRP into a regulated investment product managed by a Wall Street firm overseeing hundreds of billions in global assets. This expands XRP's visibility and access for institutional investors who previously faced barriers due to regulatory uncertainty.