US asset management firm T.Rowe files for cryptocurrency ETF application
Foresight News reported, citing Blockworks journalist Ben Strack, that U.S. asset management firm T.Rowe has submitted an application for a cryptocurrency ETF. The ETF is named "T. ROWE PRICE ACTIVE CRYPTO ETF" and aims to outperform the FTSE US Listed Crypto Index, which consists of the top 10 crypto assets by market capitalization that meet the general listing standards of the U.S. Securities and Exchange Commission (SEC).
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