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T. Rowe Price Expands Product Mix With Crypto ETF And Fund Merger

T. Rowe Price Expands Product Mix With Crypto ETF And Fund Merger

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  • T. Rowe Price Group (NasdaqGS:TROW) is preparing to launch an actively managed crypto ETF, including the potential use of staking, as part of an updated filing.

  • The firm is also completing the merger of the Sionna Strategic Income Fund into the T. Rowe Price Global Allocation Fund.

  • These steps reflect changes in T. Rowe Price Group’s product line at a time when the company is addressing recent client outflows.

T. Rowe Price Group, a global asset manager known for active mutual funds and ETFs, is pushing further into digital assets with an actively managed crypto ETF that may use staking. At the same…

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