6 tablespoons butter, plus more for pans
1 (10.5-ounce) packages miniature marshmallows
1/3 cup creamy peanut butter
2 teaspoons vanilla extract
1 (12-ounce) box crispy rice cereal
3 (2-ounce) bottles colored sprinkles, divided
1 (16-ounce) package chocolate-flavored candy coating
4 tablespoons solid vegetable shortening
Wooden ice pop sticks
Lightly butter 2 (12-cup) muffin pans.
Melt the butter in a large saucepan, over medium heat. Add the marshmallows and stir constantly until melted. Remove from the heat; stir in the peanut butter and vanilla. Add the cereal and 2 bottles of the sprinkles, stirring until combined. Using greased hands, press the mixture into the prepared pans, mounding mixture into a cupcake shape. Insert a wooden ice pop stick and let cool for 1 hour. Remove the rice cakes from pans.
In a medium bowl, combine the candy coating and vegetable shortening. Microwave on high, in 30-second intervals, stirring between each, until the chocolate is melted and smooth, about 2 minutes total time.
Dip the tops of the rice cakes in the melted chocolate. Immediately sprinkle with remaining sprinkles and serve.
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