T. Rowe Price, a $1.8 Trillion asset manager, is ready to put dogecoin (DOGE) and shiba inu (SHIB) in its new crypto ETF

Asset manager T. Rowe Price, overseeing $1.8 trillion, has filed an amended S-1 registration statement with the SEC detailing its planned Price Active Crypto ETF. This actively managed fund intends to hold a broad universe of digital assets, including Bitcoin, Ether, Dogecoin, and Shiba Inu, though it will typically maintain between five and fifteen assets at any given time. The portfolio will use quantitative models to rebalance holdings and aim to outperform the FTSE US Listed Crypto Index. Anchorage Digital Bank N.A. will serve as the custodian, and the fund might pursue staking activities in the future, pending regulatory and risk assessments. This move signifies the 87-year-old firm's entry into the digital asset market with a flexible product that contrasts with existing passive spot Bitcoin ETFs.

(Source：CoinDesk)