T. Rowe Price Files Active Crypto ETF, Includes Shiba Inu
T. Rowe Price, with $1.77 trillion AUM, filed a Form S-1 with the SEC to launch an actively managed crypto ETF. The fund will hold 5–15 leading digital assets, notably including Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Shiba Inu (SHIB)—the first potential inclusion of SHIB in a U.S.-listed ETF. Its active management strategy allows portfolio reallocations aiming to outperform the FTSE Crypto US Listed Index. Approval is not guaranteed and depends on the SEC decision and market conditions. If approved, institutional investors will gain regulated exposure to Shiba Inu, potentially boosting SHIB demand, adoption and liquidity. The filing follows Europe’s launch of a Shiba Inu ETP by Valour Inc.
Bullish
This news is bullish for SHIB. Short-term, the ETF filing by T. Rowe Price could spur speculative inflows as traders anticipate regulated exposure to Shiba Inu, tightening supply and improving liquidity. Long-term, potential approval establishes a precedent for institutional adoption of SHIB and other altcoins, supporting sustained demand. While approval is not guaranteed, the mere filing signals growing institutional interest, which typically underpins price appreciation for the token.