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NYSE Arca Files for Listing 'T. Rowe Price Active Crypto ETF'
On April 25, the U.S. Securities and Exchange Commission (SEC) announced that NYSE Arca has proposed a rule change to list and trade the ‘T. Rowe Price Active Crypto ETF’. This fund will primarily invest in a diversified basket of 5 to 15 crypto assets, including Bitcoin and Ethereum, and will hold USDC stablecoin as tokenized cash, aiming for long-term capital growth through an active strategy. The SEC is currently seeking public comments on this proposal.