Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
T. Rowe Price Files for Actively Managed Crypto ETF, Surprising Analysts

T. Rowe Price Files for Actively Managed Crypto ETF, Surprising Analysts

DeFi PlanetDeFi Planet2025/10/23 18:48
By:DeFi Planet

 Quick Breakdown 

  • T. Rowe Price has filed with the SEC to launch an actively managed crypto ETF holding 5–15 major cryptocurrencies.
  • The move marks a significant shift from its mutual fund-dominated portfolio and conservative stance.
  • Analysts say the filing shows legacy firms are racing to secure a foothold in the booming digital asset ETF market.

T. Rowe price makes nold entry into Crypto ETF market

In a surprising twist, trillion-dollar asset manager T. Rowe Price has filed to launch an actively managed cryptocurrency exchange-traded fund (ETF) in the United States. The move marks a dramatic pivot for the 87-year-old investment firm, which has traditionally focused on mutual funds and remained cautious toward digital assets .

T. Rowe Price Files for Actively Managed Crypto ETF, Surprising Analysts image 0 Source: U.S SEC

The filing , submitted to the U.S. Securities and Exchange Commission (SEC) on Wednesday, outlines plans for an “Active Crypto ETF” that will invest in five to fifteen cryptocurrencies approved under the SEC’s generic listing standards. Eligible assets include Bitcoin (BTC), Ether (ETH), Solana (SOL), and XRP, among others.

The filing has drawn strong reactions from industry observers. Nate Geraci, President of NovaDius Wealth Management, described the move as “completely from left field,” suggesting that traditional investment giants that missed the first wave of crypto ETFs are now racing to establish their positions.

Similarly, Bloomberg ETF analyst Eric Balchunas labeled the filing a “semi-shock,” noting that T. Rowe Price’s $1.8 trillion portfolio has long been centered around mutual funds. “Did not expect it, but I get it. There’s gonna be a land rush for this space too,” he said.

Active management and broader token exposure

Unlike single-asset ETF applications currently awaiting SEC approval, T. Rowe’s proposed fund aims to outperform the FTSE Crypto US Listed Index. Its asset weighting will be determined by fundamentals, valuation, and momentum rather than purely by market capitalization.

Other cryptocurrencies considered for inclusion include Cardano (ADA), Avalanche (AVAX), Litecoin (LTC), Dogecoin (DOGE), Hedera (HBAR), Bitcoin Cash (BCH), Chainlink (LINK), Stellar (XLM), and Shiba Inu (SHIB).

The fund’s diversified approach could give investors broader exposure to the crypto market without concentrating risk in a single token.

Notably, The U.S. SEC) is set to rule on 16 cryptocurrency exchange-traded fund (ETF) applications in October. The pending decisions cover major tokens such as Solana (SOL), XRP, Litecoin (LTC), Cardano (ADA), Hedera (HBAR), and Dogecoin (DOGE), with final deadlines staggered across the month.

 

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin’s Abrupt Price Swings in Late 2025: Macroeconomic Triggers and the Actions of Institutional Investors

- Bitcoin's 2025 crash from $126,000 to $80,553 stemmed from macroeconomic shocks, institutional leverage risks, and regulatory shifts. - Trump's 100% China tariffs and Fed rate uncertainty triggered $19B in crypto liquidations, linking Bitcoin to equity market volatility. - Leveraged offshore trading platforms and de-pegged stablecoins exposed crypto's structural vulnerabilities during cascading margin calls. - U.S. Bitcoin ETF approval and EU MiCA regulation boosted institutional adoption, but post-crash

Bitget-RWA2025/12/11 08:38

Bitcoin Leverage Liquidation Spike: An Urgent Reminder for Enhanced Risk Controls in Cryptocurrency Trading

- Bitcoin's late 2025 price drop below $86,000 triggered $2B in leveraged liquidations, exposing systemic risks in over-leveraged retail trading. - Major exchanges reported $160M+ forced unwinds, with 90% losses from long positions and a $36.78M single liquidation highlighting concentrated risk. - Regulatory scrutiny intensified as U.S. SEC capped ETF leverage and CFTC examined stablecoin reserves, signaling growing focus on crypto market stability. - Retail traders showed emerging maturity through risk ca

Bitget-RWA2025/12/11 08:38
Bitcoin Leverage Liquidation Spike: An Urgent Reminder for Enhanced Risk Controls in Cryptocurrency Trading

Bitcoin’s Latest Downturn: Key Factors for Investors to Monitor in the Weeks Ahead

- Bitcoin fell below $100,000 in 2025 amid geopolitical tensions, U.S. trade tariffs, and regulatory shifts, raising concerns over market stability. - The Trump administration's pro-crypto policies, including the GENIUS Act and CFTC reforms, aim to boost adoption but face criticism over fraud risks. - Global regulatory divergence, from EU's MiCAR to UAE's innovation-friendly rules, highlights fragmented oversight and cross-border coordination challenges. - Central bank actions, including Fed rate hikes and

Bitget-RWA2025/12/11 08:14
Bitcoin’s Latest Downturn: Key Factors for Investors to Monitor in the Weeks Ahead
© 2025 Bitget