T. Rowe Price moves into crypto with new active ETF plan

￰0￱ Price has filed with the SEC to launch a crypto ETF that will allow investors to invest in Bitcoin, Ethereum, and ￰1￱ ETF will be an actively managed fund that aims to outperform the FTSE Crypto ￰2￱ ￰3￱ approved, it will trade on the NYSE Arca under a ticker symbol that has yet to be ￰4￱ Price moves into crypto with new active ETF plan ￰5￱ Price manages $1.77 trillion in assets and has filed with the ￰6￱ and Exchange Commission (SEC) to create its first Active Crypto Exchange-Traded Fund (ETF). The filing states that the fund will hold 5 – 15 different digital assets, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Dogecoin (DOGE), Cardano (ADA), Avalanche (AVAX), Shiba Inu (SHIB), and Litecoin (LTC).

The company said this number may change depending on market ￰7￱ Active Crypto ETF will only hold “eligible assets” to stay within clear legal boundaries and comply with SEC rules, thereby avoiding the legal issues that have affected other crypto projects in recent ￰8￱ fund will also maintain a portion of its assets in cash, stablecoins, or short-term safe investments, such as bank deposits, to ensure it always has sufficient liquid funds for ￰9￱ Price Sponsor LLC will manage the fund’s operations, trading decisions, and long-term ￰10￱ the same time, CSC Delaware Trust Company will act as the trustee to ensure that its activities comply with the ￰11￱ Price Associates will handle accounting, record keeping, and ￰12￱ interesting point in the filing is that the fund may include staking in the future if regulators allow ￰13￱ ETF could generate additional income for investors and support the network’s operations.

However, the company stated that it will only move forward once ￰14￱ provide clear guidance and rules on ￰15￱ Active Crypto ETF will have experts as managers who will monitor price trends, market activity, and long-term growth of each coin to determine the optimal time to buy, sell, or adjust the fund’s ￰16￱ investor demand pushes major firms to add crypto funds Companies like BlackRock, Fidelity, and Grayscale have launched Bitcoin ETFs , bringing in more than $150 billion in investments in just a few ￰17￱ SEC also approved Ethereum ETFs later in the same year, and these attracted $23 billion in assets in just a few ￰18￱ Price is following the lead of popular financial companies like Fidelity, VanEck, and ProShares, which have also expanded into crypto investments.

ProShares, for example, recently filed for its own mixed digital coin fund that will hold several cryptocurrencies instead of just ￰19￱ SEC is currently reviewing over 90 applications for different types of crypto ￰20￱ focus on single coins, such as Solana, while others, like the ￰21￱ Price proposal, include multiple digital assets in a single ￰22￱ say all these applications prove just how optimistic investors are about the future of crypto regulation in the United ￰23￱ Price did not make any comments, but this move demonstrates how much financial institutions now view crypto as a genuine investment ￰24￱ you're reading this, you’re already ￰25￱ there with our newsletter .