T. Rowe Price Files for Actively Managed Crypto ETF Covering Top Digital Assets
T. Rowe Price, an asset manager overseeing $1.77 trillion, filed an S-1 with the U.S. Securities and Exchange Commission on Oct. 23 for its first crypto exchange-traded fund, the disclosure shows. The T. Rowe Price Active Crypto ETF will use an active management strategy aimed at outperforming the FTSE Crypto US Listed Index, which tracks the top 10 U.S.-listed crypto assets, over a one-year or longer period. The fund will invest in eligible cryptocurrencies including Bitcoin, Ethereum, Solana, XRP, Cardano, Avalanche, Litecoin, Polkadot, Dogecoin, HBAR, Bitcoin Cash, Chainlink, Lumen, and Shiba Inu, per the filing.