T. Rowe Price Files for First Active Crypto ETF: Institutional Interest Fuels Major Move

T. Rowe Price, a prominent asset management firm based in Baltimore, has filed an S-1 with the SEC to launch its inaugural cryptocurrency exchange-traded fund (ETF). This move underscores growing institutional interest in cryptocurrencies and could significantly impact market dynamics if approved. The ETF, titled ‘T. Rowe Price Active Crypto ETF’, aims to offer exposure to major digital assets through active management. The company plans to use fundamental, valuation, and momentum factors for portfolio construction.