T. Rowe Price has amended its S-1 registration statement for a proposed actively managed cryptocurrency ETF, naming Litecoin as an eligible asset for potential investment. The filing, submitted to the U.S. Securities and Exchange Commission, outlines the fund’s objective to seek long-term capital growth through exposure to digital assets. At the time of the announcement, Litecoin was trading at approximately $58.33.
Asset management firm T. Rowe Price has filed an amended registration for its proposed Active Crypto ETF with the U.S. Securities and Exchange Commission. The updated Form S-1 identifies Litecoin (LTC) among the cryptocurrency assets considered eligible for the fund’s portfolio.
The filing describes the fund’s objective, stating “The objective of the Fund is to achieve Capital Growth through long-term Investment in cryptocurrency.” It further notes investments will be made into a diversified portfolio as digital assets evolve. The official amendment document is available through the SEC’s online archives.
Litecoin, one of the oldest cryptocurrencies, is frequently recognized for its transaction speed and peer-to-peer payment utility. Its inclusion in a major institutional investment filing signals growing attention from traditional financial entities.
At the time of reporting, Litecoin’s price was approximately $58.33, reflecting a 24-hour increase. The fund’s strategy indicates a path for investors to gain managed exposure to established digital assets like LTC.
