T. Rowe Price, the $1.8 trillion asset manager best known for mutual funds and retirement products, has amended the registration statement for its proposed actively managed Active Crypto exchange-traded fund. The updated prospectus, originally filed in October, describes a fund that would hold digital assets directly and be managed actively.
The amendment, filed with the U.S. Securities and Exchange Commission on Monday, identifies 15 eligible digital assets that may be included in the portfolio. The list names Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP, Avalanche (AVAX) and Shiba Inu (SHIB) among others, and adds Sui (SUI) to the roster. Overall, the submission largely reflects the October filing.
Operational updates in the amendment include naming Anchorage Digital Bank as the ETF’s crypto custodian, expanded disclosures around the process for share creation and redemption, and additional detail on the FTSE Crypto US Listed Index, including constituent weights as of January 2026. The filing also expands risk disclosures tied to portfolio turnover and the fund’s active trading strategy.
T. Rowe Price’s bid to launch an actively managed crypto ETF surprised some observers given the firm’s traditionally conservative profile and its recent move into ETFs. The proposal places T. Rowe Price alongside several established financial firms that have introduced crypto investment products, including BlackRock, Fidelity, Franklin Templeton, VanEck and Invesco.
The initial filing arrived near a market peak—shortly after Bitcoin moved above $120,000 and around the Oct. 10 liquidation event that led to large unwindings of leveraged crypto positions. Since then digital-asset prices have eased and crypto ETFs experienced notable outflows amid cooler investor appetite following the 2024–2025 rally, although recent weeks have seen net flows turn back to positive.
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