🚨T. Rowe Price ($1.68T AUM) Files for Its First Active Crypto ETF Holding BTC, ETH, SOL, and XRP
T. Rowe Price has officially submitted its registration to the U.S. SEC for the T. Rowe Price Active Crypto ETF, marking the firm’s first major entry into the digital asset market. This move signals a growing trend: traditional finance is no longer observing from the sidelines — it’s deploying capital.
🔑 Key Highlights
✅ Actively managed crypto ETF (not passive)
✅ Targets outperformance of the FTSE Crypto U.S. Listed Index
✅ Will trade on NYSE Arca
✅ Designed to hold 5–15 leading crypto assets
✅ Core holdings include BTC, ETH, SOL, and XRP
✅ Room to expand into ADA, AVAX, DOT, DOGE, LINK, and others
This filing follows a growing line of institutional products moving deeper into the crypto space. It also reflects the rise of XRP as an institutional asset, especially amid large-scale initiatives like Evernorth’s planned $1B XRP treasury program.
🔍 Why this matters
Shows increasing institutional confidence in large-cap crypto assets
Reflects a shift toward active management instead of just passive Bitcoin exposure
Reinforces the narrative of multi-asset institutional crypto adoption, not BTC alone
Expands Wall Street’s reach into broader blockchain ecosystems like Solana and Ripple
The trend is clear: crypto isn’t just being legitimized — it’s being actively integrated into the global investment infrastructure.
#CryptoETF #Bitcoin #Ethereum #Solana #XRP
https://coingape.com/1-68-trillion-t-rowe-files-for-first-active-crypto-etf-holding-btc-eth-sol-and-xrp/?utm_source=coingape&utm_medium=linkedin