T Rowe Price Files for Actively Managed Cryptocurrency ETF

T. Rowe Price, a leading global asset management firm with $1.8 trillion in assets under management, has filed an amended registration statement with the U.S. Securities and Exchange Commission (SEC) for its planned actively managed cryptocurrency ETF.

The fund, called the Price Active Crypto ETF, is designed to provide investors with managed exposure to digital assets through a standard brokerage account. The ETF's structure allows it to rotate across a broad universe of potential holdings, including popular cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin, as well as lesser-known altcoins like Solana and XRP.

According to the filing, the fund would hold between five and 15 assets at any given time, with a portfolio that is rebalanced using quantitative models that factor in fundamentals, valuation, and market momentum. The fund's stated benchmark is the FTSE US Listed Crypto Index, and its strategy aims to outperform it.