#active-management

#active-management

T. Rowe Price, one of the largest U.S. asset management firms, has filed with the Securities and Exchange Commission (SEC) to launch a cryptocurrency-focused exchange-traded fund (ETF). The proposed fund, named the T. Rowe Price Active Crypto ETF, aims to outperform the FTSE US Listed Cryptocurrency Index, which tracks the ten largest U.S.-listed cryptocurrencies by market capitalization that meet SEC listing standards. Unlike passive funds, the ETF can overweight or underweight assets relative to the Index

Low-cost S&P 500 ETFs and mutual funds average 10% annual returns, but only 10.5% of active funds beat the S&P 500 over the last decade.