Global asset manager T. Rowe Price, with $1.7 trillion in assets under management, is seeking approval to launch its first actively managed crypto ETF, providing exposure to a diversified basket of five to fifteen digital assets. The fund will aim to outperform the FTSE Crypto US Listed Index using fundamental, valuation, and momentum factors. This marks the firm’s first entry into the cryptocurrency market. The move comes amid growing crypto adoption, though final regulatory approval remains pending.<｜begin▁of▁sentence｜>
