Trillion-Dollar Giant Launches SHIB & DOGE ETF! Market Shockwave Imminent?
T. Rowe Price's Active Crypto ETF has received regulatory approval, marking a significant step for institutional crypto investment. The ETF will offer exposure to a diverse range of cryptocurrencies, including popular tokens like Shiba Inu and Dogecoin. This approval follows a meticulous regulatory journey, bringing the fund closer to investors.
A significant milestone has been reached in the cryptocurrency investment landscape with the approval of a proposed rule change for T. Rowe Price's Active Crypto ETF. This development, which notably includes Shiba Inu (SHIB) and Dogecoin (DOGE) among its potential holdings, marks T. Rowe Price's deeper integration into the digital asset space.
T. Rowe Price, a prominent asset management firm overseeing more than $1.8 trillion in assets, initially ventured into the cryptocurrency sector by filing for regulatory approval of a multi-asset crypto ETF in October 2025. This initial filing signaled the firm's strategic intent to offer structured crypto investment products. The recent 'green light' for the T. Rowe Active Crypto ETF indicates it has successfully navigated a crucial regulatory hurdle, propelling it closer to market availability.
An official document from the U.S. Securities and Exchange Commission (SEC), dated June 12, 2026, contained an order granting approval of the proposed rule change. This approval, as modified by Amendment No. 2, specifically permits the listing and trading of shares of the T. Rowe Price Active Crypto ETF under NYSE Arca. The granting of this order is a pivotal step, moving the ETF product significantly nearer to becoming accessible to a broad range of investors.
The proposed ETF is designed to provide investors with exposure to a diversified portfolio of cryptocurrencies, ranging from five to fifteen distinct coins. The current list of cryptocurrencies slated for inclusion is extensive and features leading digital assets such as 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). Importantly, the list also incorporates popular meme coins, Shiba Inu (SHIB) and Dogecoin (DOGE), reflecting a broader acceptance of these assets within institutional offerings.
The journey to this approval involved several key regulatory filings and publications. Following the initial filing in October 2025, the first Amendment to the proposed rule change was submitted on April 21, 2026. Shortly thereafter, on April 24, 2026, the SEC published a notice of the proposed rule change, incorporating modifications from Amendment No. 1.4. A second Amendment to the proposed rule change was subsequently filed on May 26, 2026, culminating in the latest order dated June 12, 2026, which formally approves the Proposal for the rule change.
In a related positive development for the crypto market this week, Mercari, a major Japanese marketplace with 23 million monthly users, announced the addition of Shiba Inu and Dogecoin to its cryptocurrency lineup. This move allows its vast user base direct access to these tokens, further underscoring their growing adoption and utility beyond speculative trading.