T. Rowe Price Launches Bitcoin-Led, Six-Token Crypto ETF

T. Rowe Price launched an actively managed crypto ETF initially holding Bitcoin at ~41%, ETH at ~18%, plus BNB, SOL, XRP, and HYPE. Digital assets head Blue Macellari said the fund reflects a focus on active management and is defensively positioned amid a crypto winter, with Bitcoin down ~50%. She expects choppy conditions but believes the market could begin emerging from winter heading into Q4.