PANews reported on October 22nd that Blockworks reporter Ben Strack reported that US asset management company T. Rowe has submitted an application for a cryptocurrency ETF. The ETF, called the "T. Rowe Price Active Crypto ETF," aims to outperform the FTSE US Listed Cryptocurrency Index, which consists of the top 10 crypto assets by market capitalization that meet the US Securities and Exchange Commission's (SEC) universal listing standards.
US asset management firm T.Rowe has submitted application documents for a cryptocurrency ETF
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