XRP Secures Third-Largest Allocation in SEC-Approved T. Rowe Price Active Crypto ETF

The U.S. SEC has approved the launch of T. Rowe Price’s Active Crypto ETF, with XRP emerging as one of the fund’s most significant holdings.

Specifically, the SEC approved a rule change filed by NYSE Arca on June 12, allowing the exchange to list shares of the actively managed crypto fund. The ETF will provide institutional investors with exposure to a diversified basket of digital assets, including XRP, Bitcoin, Ethereum, Solana, Cardano, and Dogecoin. 

XRP Ranks Ahead of Several Major Cryptocurrencies

Notably, XRP is not merely included in the fund, but ranks as the third-largest asset in the portfolio. According to the index weightings assigned on Jan. 8, 2026, Bitcoin accounts for 41.87% of the basket, while Ethereum holds an 18.55% allocation. XRP follows as the third-largest holding with an 11.42% weighting.

Interestingly, XRP commands a larger allocation than several prominent cryptocurrencies, including Solana (8.66%), Dogecoin (4.51%), Bitcoin Cash (3.69%), and Cardano (3.46%). This substantial weighting highlights XRP’s importance within the ETF’s investment strategy. 

Active Management Could Alter XRP Allocation

T. Rowe Price began pursuing the ETF in October 2025 when the $1.89 trillion asset manager submitted its S-1 registration statement. NYSE Arca subsequently filed a 19b-4 application seeking permission to list the fund’s shares.

After revising the filings twice, NYSE Arca secured SEC approval for the proposed rule change. According to the initial filing, the ETF intends to manage a portfolio of between five and fifteen cryptocurrencies. 

Unlike passive index funds, the ETF’s managers can adjust allocations, rebalance positions, and modify holdings based on market conditions. Consequently, T. Rowe Price retains the flexibility to increase or reduce XRP’s weighting over time depending on the asset’s performance and broader market dynamics.

Although the SEC approved the necessary NYSE Arca rule change on June 12, 2026, the ETF has not yet begun trading. Market analysts expect the fund to launch later this year after completing the remaining regulatory and operational requirements. 

XRP Expands Presence Across Crypto Investment Products

The approval further strengthens XRP’s growing presence in institutional investment vehicles. In addition to the T. Rowe Price ETF, XRP already features in several multi-asset crypto funds, including the Hashdex Nasdaq CME Crypto Index, Bitwise 10 Index Fund, and Grayscale CoinDesk Crypto 5 ETF.

Beyond diversified products, XRP also has five standalone spot ETFs designed to track its performance. Asset managers offering these products include Bitwise, Franklin, Grayscale, Canary Capital, and 21Shares. 

Collectively, these XRP-focused funds have attracted cumulative net inflows of $1.44 billion, including $2.04 million recorded on June 12. Meanwhile, total net assets currently stand at $978 million. Although the figure remains substantial, it has declined from the $1 billion peak reached in December, largely due to XRP’s recent price weakness.

Analyst Sees Growing Institutional Positioning

Following the ETF approval, popular crypto commentator Mark Chadwick argued that institutional positioning is already underway ahead of full regulatory clarity in the United States.

Notably, he highlighted the SEC’s approval of T. Rowe Price Active Crypto ETF and the integration of Depository Trust & Clearing Corporation (DTCC) tokenization infrastructure with public blockchains as key developments supporting this view. 

In his view, these developments suggest that major financial institutions are preparing for a future in which blockchain-based assets play a larger role in traditional markets, even before lawmakers potentially pass the Clarity Act.