SEC Greenlights T. Rowe Price Crypto ETF With XRP as Its Third-Largest Asset XRP has just notched a major win in the institutional investment space since the U.S. SEC has approved NYSE Arca’s
XRP has just notched a major win in the institutional investment space since the U.S. SEC has approved NYSE Arca’s rule change, clearing the path for T. Rowe Price’s Active Crypto ETF to launch. While the fund spans multiple digital assets, it’s XRP’s role inside the portfolio that has drawn notable attention.
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.
The significance is in the positioning because a professionally managed, regulated ETF tied to one of Wall Street’s most established asset managers, XRP isn’t treated as a marginal exposure. It sits firmly in the core allocation tier.
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.
T. Rowe Price manages hundreds of billions in assets globally. When a firm of that scale receives SEC approval for a product with XRP as a major holding, it naturally draws attention from wealth managers and institutional allocators who track these structures closely.
Even 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.
Why is this ETF approval welcome? Well, it 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.
What’s the takeaway? XRP and other digital assets aren’t just being included in a Wall Street crypto product, they are being lined up for heightened institutional adoption, which is a welcome move.
