T. Rowe Price Files with SEC to Launch Its First Crypto ETF

Asset management giant T. Rowe Price, which oversees about $1.77 trillion in assets, has filed with the U.S. Securities and Exchange Commission (SEC) to launch its first crypto exchange-traded fund (ETF). The move marks a major step for one of the world’s most established investment firms into the digital asset space. While details on the fund’s structure and holdings are still limited, the filing signals growing institutional confidence in crypto as a mainstream investment option. If approved, the ETF would allow traditional investors to gain exposure to the cryptocurrency market through regulated financial products. T. Rowe Price’s entry could also add credibility to crypto ETFs and drive further adoption across the broader financial industry.