Asset management giant T. Rowe Price on Wednesday applied for a mixed digital asset exchange-traded fund, according to a regulatory filing, its first in the crypto space as it joined a growing list of traditional finance firms that have proposed token-focused products.  The Baltimore-based firm, which manages $1.77 trillion in assets, said that the T. Rowe Price Active Crypto ETF  would hold five to 15 digital assets, including potentially Bitcoin, Ethereum, XRP, Solana, Dogecoin, Cardano, Avalanche, Shiba ...

T. Rowe Price Group (NASDAQ:TROW) on Wednesday filed an S-1 registration statement with the U.S. Securities and Exchange Commission to launch its first crypto-focused exchange-traded fund. The proposed T. Rowe Price Active Crypto ETF is an actively-managed fund giving investors active ...

T. Rowe Price, the 87-year-old investment firm known for its mutual funds, is making a move into crypto. On Wednesday, the company filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) to launch the T. Rowe Price Active Crypto ETF. The S-1 is a key regulatory filing that signals a firm’s intent to list a new product, often used ahead of a public offering. In this case, the ETF would give investors active exposure to digital assets, a notable shift for a company that manages over $1.8 t ...