T.Rowe Price has filed for an actively managed cryptocurrency ETF.
Jinse Finance reported that Nate Geraci, President of The ETF Store, stated that the traditional asset management company T. Rowe Price, established in 1937, has submitted an application for an actively managed cryptocurrency ETF. The company currently manages approximately $1.8 trillion in assets and only officially entered the ETF field in 2020. This direct entry into the crypto market is seen as a significant turning point for this traditional asset management giant.
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.
You may also like
Jackson Financial names Dean Hosfield chief information officer
MiniMed names Sheila Denton general counsel, corporate secretary
Kratos names Bill Wilson president of C5ISR Systems division
Finexity hosts Capital Markets Day outlining roadmap to DLT trading and settlement system
Crypto prices
More
