A Wall Street institution just received federal approval to hold XRP. That alone shows that something significant has shifted in regulators’ view of the asset. On June 12, the SEC approved NYSE Arca’s proposal to list and trade shares of the T. Rowe Price Active Crypto ETF.
The fund will trade under the ticker symbol TKNZ. Crypto commentator BankXRP (@BankXRP) highlighted the development, calling it a big win for XRP, and noting that XRP “made the cut as an eligible asset, sitting right alongside Bitcoin and Ethereum.”
BIG WIN FOR $XRP 🚨
The SEC just approved T. Rowe Price's new Active Crypto ETF for listing on NYSE Arca XRP made the cut as an eligible asset, sitting right alongside Bitcoin and Ethereum.
A major Wall Street asset manager getting the green light to hold XRP. pic.twitter.com/x0AujQNOcb
— 𝗕𝗮𝗻𝗸XRP (@BankXRP) June 14, 2026
The SEC Approval and Its Significance
Rowe Price Sponsor LLC will actively manage the fund’s investment strategy. The fund seeks long-term capital growth through investments in crypto assets. T. Rowe Price filed its S-1 registration statement with the SEC in October. NYSE Arca then filed the proposed rule change on November 6. The SEC published it for comment later that month before issuing its approval.
The filing attached to BankXRP’s post shows the official SEC document language. The text confirms that eligible assets include Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP, Cardano (ADA), Avalanche (AVAX), Litecoin (LTC), Polkadot (DOT), Dogecoin (DOGE), and others. The document also states the fund “is expected to hold between five and fifteen Eligible Assets” under normal circumstances.
XRP Alongside Institutional-Grade Assets
XRP’s inclusion on the eligible assets list carries weight. The SEC’s approval means regulators have accepted XRP as a qualifying asset under NYSE Arca Rule 8.201-E(d)(1).
This is the generic listing standard for Commodity-Based Trust Shares. XRP was officially classified as a commodity by the SEC and CFTC earlier this year, and meeting this filing standard puts XRP in the same regulatory category as BTC and ETH for this fund’s purposes.
Rowe Price manages trillions in assets. Its entry into active crypto investing signals growing institutional confidence in digital assets as a legitimate asset class. XRP earning a place on that list shows a shift in how major financial players assess the token’s viability.
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Active Management and XRP’s Position
The fund operates as an actively managed product. T. Rowe Price retains discretion over which eligible assets it holds at any given time. The eligible assets list defines the universe of options available to the fund’s managers.
The fund may also hold cash, cash equivalents, and stablecoins alongside its crypto positions. The approval marks a regulatory milestone for XRP.
TLNZ joins a growing list of XRP ETFs, and these products have drawn notable institutional attention and surpassed expectations. As TKNZ moves toward its listing on NYSE Arca, attention will turn to T. Rowe Price’s actual portfolio decisions once trading begins.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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