Overview
- T. Rowe Price filed an amended S-1 on March 16 for the Price Active Crypto ETF, an actively managed fund targeting 5 to 15 holdings selected by quantitative models to outperform the FTSE U.S. Listed Crypto Index.
- The eligible asset list spans major tokens and altcoins including bitcoin, ether, solana, XRP, ADA, avalanche, litecoin, polkadot, dogecoin, hedera, bitcoin cash, chainlink, stellar, shiba inu, and Sui.
- Anchorage Digital Bank N.A. is named as the crypto asset custodian responsible for safeguarding the fund’s tokens.
- The ETF will start with cash creations and redemptions, with the filing noting potential future in-kind transactions depending on circumstances.
- The document flags possible staking of certain assets subject to risk, tax, and regulatory clarity, and the proposal remains under SEC review.