T. Rowe Price has filed an updated proposal for its Price Active Crypto ETF, outlining plans to include a broad mix of digital assets including bitcoin, ether, dogecoin and shiba inu.
The actively managed fund will typically hold between five and fifteen cryptocurrencies at a time, using quantitative models to adjust allocations and target outperformance of the FTSE US Listed Crypto Index.
The ETF will use Anchorage Digital Bank as its custodian and initially operate under a cash-based subscription model rather than direct crypto transfers.
The filing also introduces the possibility of staking, allowing the fund to generate additional yield from certain blockchain assets depending on regulatory and risk considerations.
The inclusion of meme tokens such as dogecoin and shiba inu highlights a more flexible and opportunistic strategy compared with traditional single-asset crypto ETFs.
The product is designed to give investors exposure to digital assets through traditional brokerage accounts without directly holding cryptocurrencies.
If approved, the ETF would expand institutional access to crypto markets and differentiate itself through active management and diversified token exposure.
At the time of reporting, Bitcoin price was $75,485.44.