T. Rowe Price Files S-1 for Active Crypto ETF Listing Shiba Inu
The S-1 outlines an active multi-asset fund that lists SHIB, with any launch contingent on SEC effectiveness.
Overview
- T. Rowe Price’s October 22 SEC filing names Shiba Inu among roughly 14 eligible digital assets alongside Bitcoin, Ethereum and Solana.
- The proposed fund is actively managed with discretion to adjust token weightings and targets outperformance of the FTSE Crypto U.S. Listed Index tracking the top 10 cryptocurrencies.
- Filing documents describe the Shiba Inu ecosystem, citing ShibaSwap, the Shibarium Layer-2 network and related tokens including LEASH, BONE and TREAT.
- The ETF remains under SEC review, and analysts note some registrations can become effective after about 20 days unless the agency intervenes.
- SHIB posted modest price moves around the filing coverage window, while community figures welcomed the inclusion as a step toward broader institutional recognition.