# EDGAR Filing Document

**Accession Number:** 0001795351
**File Stem:** 0001999371-26-011029
**Filing Date:** 2026-5
**Character Count:** 2464
**Document Hash:** 4ccfb0e4d4a63374e5e51fb3c961209f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-26-011029.hdr.sgml**: 20260519

**ACCESSION NUMBER**: 0001999371-26-011029

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260519

**DATE AS OF CHANGE**: 20260519

**EFFECTIVENESS DATE**: 20260519

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Exchange-Traded Funds, Inc.
- **CENTRAL INDEX KEY:** 0001795351

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-235450
- **FILM NUMBER:** 26995925

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

## Series and Classes Contracts Data

### T. Rowe Price Capital Appreciation Market Opportunities ETF (Series ID: S000104954)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                                  | Ticker Symbol | Class ID   |
| T. Rowe Price Capital Appreciation Market Opportunities ETF | TPUT          | C000275618 |

---

## Series and Classes Contracts Data

### T. Rowe Price Capital Appreciation Market Opportunities ETF (Series ID: S000104954)

| Class ID   | Class Name                                                  | Ticker Symbol   |
|:---|:---|:---|
| C000275618 | T. Rowe Price Capital Appreciation Market Opportunities ETF | TPUT            |

May 20, 2026

Daniel Greenspan, Esquire<br> U.S. Securities & Exchange Commission<br> Division of Investment Management<br> 100 F Street, N.E.<br> Washington, D.C. 20549

Re: T. Rowe Price Exchange-Traded Funds, Inc. <br> T. Rowe Price Capital Appreciation Market Opportunities ETF <br> File Nos.: 333-235450/811-23494

Dear Mr. Greenspan:

This letter accompanies our filing of the Statement of Additional Information ("SAI") for the above-referenced Fund under Rule 497(c) of the Securities Act of 1933. This filing reflects nonmaterial changes made to the SAI on Form N-1A under Rule 485(b) on May 13, 2026, and May 20, 2026, respectively.

There are no changes to the fund's prospectus.

If you have any questions about this filing, please give me a call at 410-345-2346 or, in my absence, Sara Pak at 410-577-6412.

Sincerely,

/s/Gladys J. Davis<br> Gladys J. Davis