T. Rowe Price, which oversees $1.77 trillion in assets, has filed with the SEC to launch its first actively managed cryptocurrency ETF. The proposed fund would hold between 5 and 15 digital assets, including Bitcoin, Ethereum, and Solana. The ETF aims to outperform the FTSE Crypto U.S. Listed Index through active management strategies.

The Hong Kong Stock Exchange has declined applications from at least five companies seeking to transition into Digital Asset Treasury entities, Bloomberg reported. The exchange cited regulations prohibiting excessive liquid asset holdings and requiring applicants to operate viable businesses with cryptocurrency integrated as a core operational component. Under HKEX rules, companies must demonstrate that digital asset acquisition forms an integral part of operations rather than passive investment.