T. Rowe Price Seeks SEC Approval for Active Crypto ETF
T. Rowe Price, the US asset manager overseeing $1.8 trillion, has filed an S-1 registration with the SEC to launch an actively-managed crypto ETF. The fund would hold 5–15 tokens, including BTC, ETH, SOL, XRP, ADA and LTC. Portfolio managers will weight assets using valuation, momentum and fundamental analysis, seeking to outperform the FTSE Crypto US Listed Index. The filing highlights flexible allocation but warns of higher fees and manager risk versus passive products. The proposal now awaits SEC approval, with custody, daily valuation and trading safeguards under scrutiny. If approved, this crypto ETF could attract significant institutional and retail capital across multiple coins. Traders should watch for regulatory updates and potential inflows that may drive liquidity, price support and short-term volatility.
Bullish
Filing for an actively-managed crypto ETF signals growing institutional interest in digital assets. SEC approval would unlock new inflows into BTC, ETH and altcoins, supporting prices. The inclusion of multiple tokens and flexible allocation may broaden market participation. While higher fees and active management risks exist, the proposal is likely to drive bullish sentiment, boosting liquidity and long-term adoption.