T. Rowe Price's multi-digital asset ETF, NYSE Arca listing application

Source: BlockMedia Original Title: NYSE Arca Applies for Approval to List Multi-Digital Asset ETF Original Link: NYSE Arca( has requested the U.S. Securities and Exchange Commission) (SEC() to approve the listing of T. Rowe Price)'s multi-asset digital asset ETF. According to the application document, this ETF presents an active strategy for managing major digital assets such as Bitcoin( (BTC)), Ethereum( (ETH)), XRP, Dogecoin( (DOGE)), and Shiba Inu coin( (SHIB)) across various market conditions.

T. Rowe Price Digital Asset ETF, using market adaptation strategies

According to the explanation submitted to the SEC, this ETF plans to invest in a wide range of digital assets. This includes major digital assets such as BTC and ETH, as well as well-known assets like XRP, DOGE, and SHIB.

This application comes after the approval of the Grayscale ETF, which includes DOGE and XRP, by NYSE Arca, indicating an increasing interest from institutional investors. This is considered an upgrade of the ETF application previously submitted by T. Rowe Price.

ETFs are expected to adopt a strategy that actively adjusts digital asset exposure based on market signals rather than tracking a fixed index. Franklin Templeton ( Franklin Templeton ) Index ETFs have also included XRP, Solana ( Solana ), and DOGE, demonstrating a similar expansion strategy. Additionally, the T. Rowe Price ETF is designed to respond quickly to market changes. The daily value of this ETF is calculated based on the reference rates ( collected from major trading platforms.

Strengthening ETF Stability with Custody, Liquidity, and Safeguards

This ETF is expected to introduce an asset creation and redemption system that most digital asset funds use. Through this, approved companies can buy and sell digital assets or cash depending on market conditions. The application documents also include detailed safety plans related to digital asset custody.

The digital assets of the ETF will be managed by regulated digital asset custodians using offline storage methods. Along with this, various measures have been introduced to minimize ETF operational risks. Additionally, stablecoins like USDC may also be utilized to secure liquidity when necessary.

Recently, NYSE Arca approved the Dogecoin ETF from Bitwise), which suggests that the exchange is still actively supporting digital asset products. This application also included details aimed at enhancing market surveillance, risk management, and operational transparency. NYSE Arca emphasized that the new amendments will create a stable operating environment for digital asset ETFs.