T. Rowe Price Files for First Active XRP ETF: Institutional Investment in Crypto Surges

Investment giant T. Rowe Price has made a bold move by filing with the SEC to launch an active XRP cryptocurrency exchange-traded fund (ETF). This development, detailed in a recent report from crypto commentator JackTheRippler, could signal a significant shift towards institutional investment in digital assets. 2025’s filing indicates T. Rowe Price Sponsor LLC will sponsor the fund under the Securities Act of 1933. The move has been met with excitement by members of the crypto community, who view it as a crucial step toward mainstream acceptance of XRP and other cryptocurrencies within established financial frameworks.