XRP ETF Approval Decision Signals Key Date

What to Know:

• The SEC is nearing a decision on the T. Rowe Price Active Crypto ETF, which includes XRP among its eligible assets.
• This decision arrives amid growing institutional interest in crypto ETFs as a regulated onramp for digital asset exposure.
• Approval could further legitimize XRP and potentially increase institutional demand, though existing XRP ETFs have had a limited impact on circulating supply.

The SEC’s upcoming decision on the T. Rowe Price Active Crypto ETF has the market watching closely. This fund stands out because it explicitly includes XRP among its potential holdings, signaling a growing acceptance of XRP within traditional financial circles. The decision, expected by February 26, 2026, could open new avenues for institutional investment in XRP.

SEC Decision Looms for T. Rowe Price Crypto ETF

The T. Rowe Price Active Crypto ETF is awaiting a crucial decision from the SEC, with a deadline set for February 26, 2026. The fund’s prospectus lists XRP as one of 5–15 crypto assets eligible for inclusion. This marks a significant step, as it represents T. Rowe Price’s first foray into crypto-related funds, filed initially in October 2025. The fund aims to provide exposure to the crypto market through a regulated investment vehicle, potentially attracting investors who prefer the structure of an ETF over direct crypto holdings.

NYSE Arca has also submitted an application to list and trade the ETF shares, further solidifying the move towards traditional market integration. The SEC’s extended review timeline reflects the thoroughness with which they are approaching crypto investment products.

Potential Impact on XRP Market Dynamics

The approval of the T. Rowe Price ETF could lead to increased institutional participation in XRP. By offering a regulated and familiar investment product, the ETF could attract capital from investors previously hesitant to engage directly with cryptocurrencies. This influx of capital could enhance XRP’s liquidity and potentially contribute to price stability over the long term.

XRP ETF Landscape and Supply Dynamics

Currently, several firms offer dedicated XRP ETFs, including Bitwise, Grayscale, Franklin, 21Shares, and Canary. Additionally, XRP is included in basket ETFs managed by Hashdex, Bitwise, and Grayscale. While the availability of these ETFs has expanded access to XRP, their impact on the token’s circulating supply has been modest. The existing XRP ETFs collectively manage approximately $1.06 billion in assets, representing only a small fraction of XRP’s total circulating supply.

Analyzing Current ETF Holdings

The current asset holdings of XRP ETFs translate to roughly 716 million XRP, which accounts for about 1.17% of XRP’s 60.92 billion circulating supply. This data suggests that, while the ETF market is growing, its influence on XRP’s supply dynamics is still relatively limited. For comparison, observe the impact of Bitcoin ETFs on BTC supply since January 2024. The market should watch closely to see if the T. Rowe Price ETF approval could alter this dynamic.

Broader Implications for Institutional Adoption

The SEC’s decision on the T. Rowe Price Active Crypto ETF is not just about a single fund; it reflects the broader trend of institutional adoption of digital assets. As regulatory frameworks become clearer and traditional financial institutions enter the crypto space, the market structure will continue to evolve. The inclusion of XRP in such a fund could be a bellwether for further integration of digital assets into mainstream investment portfolios. This gradual acceptance could pave the way for more innovative crypto investment products and increased participation from institutional investors.

The crypto market awaits the SEC’s decision on the T. Rowe Price Active Crypto ETF, which represents a potential milestone for XRP and the broader institutional acceptance of digital assets. While existing XRP ETFs have had a limited impact on supply dynamics, approval of this fund could signal a shift in institutional sentiment. The market should continue to monitor these developments and their potential effects on XRP’s price and market structure.

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Source: Original article