Coinspeaker
Oct 23, 2025
3 0

T. Rowe Price Managing $1.8T Files for Active Crypto ETF

T. Rowe Price Enters Crypto Market with Active ETF

  • T. Rowe Price, a major investment firm managing over $1.8 trillion, filed with the SEC to launch its first cryptocurrency-focused ETF.
  • The T. Rowe Price Active Crypto ETF will offer exposure to 5-15 cryptocurrencies, including Bitcoin, Ethereum, Solana, Dogecoin, and Shiba Inu.
  • The fund aims to outperform the FTSE Crypto US Listed Index using fundamental, valuation, and momentum factors for portfolio management.

Active Strategy and Industry Impact

  • The active management approach allows dynamic position adjustments based on market conditions.
  • This method provides flexibility in volatile markets and potential outperformance of passive benchmarks.
  • Analysts note the rarity of actively managed multi-coin crypto ETFs.
  • T. Rowe Price shows increasing commitment to digital assets; hired Blue Macellari as head of digital asset strategy in 2022.

Broader ETF Momentum

  • Over 150 crypto ETF applications await SEC approval, with interest from firms like VanEck, BlackRock, and Fidelity.
  • Regulatory progress has been delayed due to a US government shutdown affecting the SEC's processing capabilities.
  • T. Rowe Price's move into actively managed crypto ETFs marks a significant shift for the legacy asset manager.