Asset management giant T. Rowe Price has filed with the U.S. SEC to launch its first actively managed crypto ETF, marking a major milestone for the $1.77 trillion firm as it expands beyond traditional equities and bonds.
The proposed ETF would invest in 5–15 digital assets, including Bitcoin, Ethereum, Solana, Dogecoin, and Shiba Inu, aiming to outperform the FTSE Crypto US Listed Index through active management based on fundamental and momentum factors.
This filing highlights T. Rowe’s strategic diversification push amid mutual fund outflows and rising investor demand for regulated crypto exposure. It follows a new $1B partnership with Goldman Sachs to build private market products for retail investors.
While the SEC’s review may be delayed due to the ongoing government shutdown, the move underscores growing mainstream acceptance of digital assets within global finance.