T. Rowe Price Unveils $1.9 Trillion Crypto ETF With Hefty Bitcoin Allocation

T. Rowe Price has made a significant move in institutional crypto adoption by unveiling a $1.9 trillion actively managed multi-token crypto ETF.

The fund will hold over 40% of its assets in Bitcoin, marking a major investment in the leading cryptocurrency.

This development is expected to pave the way for other firms to follow suit and invest in digital assets.