Self-Regulatory Organizations; NYSE Arca, Inc.; Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To List and Trade Shares of the T. Rowe Price Active Crypto ETF under NYSE Arca Rule 8.201-E (Non-Generic) Commodity-Based Trust Shares
Published Date: 2/2/2026
Notice
Summary
The SEC is deciding whether to approve the NYSE Arca’s plan to list and trade shares of the T. Rowe Price Active Crypto ETF, a new fund focused on cryptocurrencies. This affects investors interested in crypto ETFs and could open up fresh trading options soon. The SEC will make its decision by February 26, 2026, which could impact how and when these shares become available to the public.
Analyzed Economic Effects
3 provisions identified: 3 benefits, 0 costs, 0 mixed.
SEC Is Reviewing a New Crypto ETF
The SEC has instituted proceedings to decide whether to approve or disapprove NYSE Arca’s proposed listing of the T. Rowe Price Active Crypto ETF and will make that determination by February 26, 2026. If approved, the Fund’s shares would be listed and tradable on NYSE Arca under Rule 8.201-E (Commodity-Based Trust Shares).
Fund Will Hold Specific Crypto Assets
The Fund is an actively managed exchange-traded product that is expected to hold between five and fifteen crypto assets that meet the Fund’s "Eligible Assets" criteria; the filing lists bitcoin (BTC), ether (ETH), SOL (SOL), XRP (XRP), ada (ADA), AVAX (AVAX), litecoin (LTC), DOT (DOT), Dogecoin (DOGE), HBAR (HBAR), Bitcoin Cash (BCH), LINK (LINK), lumen (XLM), and Shiba Inu (SHIB) as assets the Sponsor considers Eligible. The Fund may also hold cash, cash equivalents, and stablecoins that meet the filing’s 1:1 reserved stablecoin criteria.
Daily NAV and 10,000-Share Cash Creation
The Fund’s administrator will calculate net asset value (NAV) once each business day as of the Exchange close or 4:00 p.m. ET, and the Fund will create and redeem shares with authorized participants in blocks of 10,000 Shares in exchange for cash. The administrator values crypto assets and stablecoins using a reference rate determined by the administrator.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-10373 — Registered Offering Reform
The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.
2026-10222 — Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.
2026-07651 — Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-10362 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Modify the NYSE Arca Options Fee Schedule Regarding Fees and Rebates Applicable to Manual Transactions
NYSE Arca is changing how much it charges and pays back for certain manual options trades. Market Makers will see new fees on non-Penny stocks, and Floor Brokers will get a new rebate when they trade with Market Makers on the floor. These changes kicked in right away on May 6, 2026, affecting anyone who trades options manually on NYSE Arca.
2026-10361 — Self-Regulatory Organizations; NYSE National, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Delete the Cabinet Upgrade Fee
NYSE National is dropping the $9,200 cabinet upgrade fee for users who want more power in their dedicated cabinets. This change means traders and firms using these cabinets will save money starting immediately. The fee removal makes it easier and cheaper to boost power without extra costs.
2026-10364 — Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Delete the Cabinet Upgrade Fee
The New York Stock Exchange is dropping the $9,200 cabinet upgrade fee for users who want more power in their dedicated cabinets. This change means traders and firms using NYSE’s colocation services can save money starting immediately. It’s a smart move to make trading tech upgrades easier and cheaper!
Previous / Next Documents
Previous: 2026-01996 — Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule General 8 Section 1 Related To Co-Location Services
Nasdaq PHLX is shaking up how it charges for co-location services at its New Jersey data center by switching from cabinet density fees to a simpler power-based pricing model. This change affects traders and firms using these services, making fees clearer and potentially fairer. The new fees kicked in right after the filing on January 15, 2026, so users should check their bills!
Next: 2026-01998 — Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule General 8 Section 1 Related to Co-Location Services
Nasdaq MRX is changing how it charges for co-location services, which means companies that rent space in its data centers will pay based on power use instead of cabinet density. This new pricing kicks in right away and aims to simplify fees while keeping installation costs separate. If you use Nasdaq MRX’s data centers, expect a fresh, fairer fee setup starting now!