T. Rowe Price Updates Filing for Actively Managed Crypto ETF

T. Rowe Price, a large asset manager with $1.8 trillion in assets, has updated its registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed actively managed crypto ETF. The amendment, submitted on Monday, outlines plans for a fund investing directly in digital assets and lists 15 eligible assets, including Bitcoin (BTC), Ether (ETH), Solana (SOL), and Shiba Inu (SHIB). The filing adds operational details, names Anchorage Digital Bank as the crypto custodian, and expands disclosures regarding share creation and redemption. This move follows an initial filing in October and aligns T. Rowe Price with other traditional financial institutions like BlackRock and Fidelity that are launching crypto investment products. While the original filing coincided with a peak in the crypto market, recent net inflows into crypto ETFs have become positive after a period of outflows.

(Source：Cointelegraph)