Guavy AI Editorial TeamSentiment: 2.5Clout: 60

T Rowe Price Advances Crypto ETF Plans with Revised Filing Submission

T Rowe Price has made significant progress in its bid to launch an actively managed crypto ETF, submitting a revised filing with the relevant authorities.

According to Eric Balchunas, a Bloomberg ETF analyst, the proposed fund will be listed under the ticker TOKN and come with a fee rate of 0.75%.

This marks a major milestone for T Rowe Price, as it becomes the largest actively managed asset manager to enter this field.