
According to the amended SEC filing, T. Rowe Price’s proposed actively managed crypto ETF could hold 5 to 15 digital assets and may later add staking or in-kind transactions.
T. Rowe Price filed an amended S-1 registration statement with the U.S. Securities and Exchange Commission for its proposed Price Active Crypto ETF, adding details on portfolio construction, custody and operations. The fund would be actively managed and, under normal conditions, hold between five and 15 cryptocurrencies selected from a broader universe that includes bitcoin, ether, solana, XRP, ADA, avalanche, litecoin, polkadot, dogecoin, hedera, bitcoin cash, chainlink, stellar, shiba inu and SUI. According to the filing, Anchorage Digital Bank N.A. would serve as the crypto custodian, and the ETF would initially use a cash creation and redemption model. T. Rowe Price also said the fund could pursue staking in the future depending on regulatory, tax and risk considerations, while using quantitative models based on fundamentals, valuation and market momentum in an effort to outperform the FTSE US Listed Crypto Index.