A new investment product tracking the performance of Dogecoin and Shiba Inu is nearing its market debut after receiving regulatory approval.
Specifically, this ETF comes from T. Rowe Price, a legacy asset manager with over $1.83 trillion under management. Over the weekend, the US Securities and Exchange Commission (SEC) approved the T. Rowe Price Active Crypto ETF, allowing access to a basket of digital assets including Dogecoin and Shiba Inu, two of the largest meme coins by market cap.