T. Rowe Price Enters Crypto Space with New Active ETF Filing

T. Rowe Price has made a bold move into the world of crypto by filing for an active crypto exchange-traded fund (ETF). This marks a significant shift for the firm known primarily for its traditional mutual funds, indicating a growing interest in digital assets as part of their investment strategy. The ETF will hold between five and fifteen cryptocurrencies, including Bitcoin, Ether, and Solana, based on market factors, aiming to outperform the FTSE Crypto US Listed Index.