U.S. asset management company T. Rowe has submitted a cryptocurrency ETF application

ChainCatcher news, American asset management company T. Rowe has submitted a cryptocurrency ETF application.

The ETF is named "T. ROWE PRICE ACTIVE CRYPTO ETF" and aims to outperform the FTSE US Listed Cryptocurrency Index, which is composed of the top 10 crypto assets by market capitalization that meet the general listing standards of the U.S. Securities and Exchange Commission (SEC).