- T. Rowe Price files for active crypto ETF, seeking SEC approval.
- Institutional interest in crypto products continues to grow significantly.
- Potential market shifts if ETF receives regulatory approval.
T. Rowe Price Group, Inc., a renowned asset manager based in Baltimore, filed an S-1 with the U.S. SEC on October 22, 2025, to introduce its inaugural cryptocurrency ETF.
The move highlights growing institutional interest in cryptocurrencies, signaling potential shifts in market dynamics and increased legitimacy of digital assets among traditional financial players.
T. Rowe Price filed for its first cryptocurrency ETF with the SEC on October 22, 2025. This move signals the asset manager’s entry into the digital asset market amid increasing institutional demand for regulated crypto products. The filing, titled the “T. Rowe Price Active Crypto ETF“, aims to provide exposure to major digital assets through active management. The company is focusing on using fundamental, valuation, and momentum factors in portfolio construction.
“We aim to use fundamental, valuation, and momentum factors for portfolio construction.” — Dominic Rizzo, Tech ETF Manager, T. Rowe Price
The ETF is expected to allocate at least 80% of its assets to crypto price-linked instruments, reflecting institutional enthusiasm for regulated crypto access. Key assets targeted include major cryptocurrencies like Bitcoin and Ethereum. This proposal reflects broader institutional trends toward crypto as mainstream financial entities seek participation. Markets are observing the potential magnitude of capital inflows once this ETF materializes, pending approval.
This filing follows a trend by asset managers who continue entering the crypto ETF domain, looking to capitalize on investor interest in digital currencies. Market watchers expect price volatility and increased legitimacy for assets upon the launch of the ETF. Historical data suggests similar filings have led to increased liquidity and market capitalization for major cryptocurrencies. As Eric Balchunas, Senior ETF Analyst at Bloomberg, noted, “Did not expect it but I get it. There’s gonna be land rush for this space too.”
