T. Rowe Price has amended its S-1 filing with the SEC for a cryptocurrency exchange-traded fund, designating Anchorage Digital Bank as the fund's digital asset custodian and expanding the list of eligible tokens to include SUI, according to a filing reviewed by Cointelegraph. The adjustment signals the asset manager's intent to launch a direct digital asset investment vehicle.
The addition of SUI to the approved token roster broadens the fund's potential exposure beyond previously specified cryptocurrencies. Anchorage Digital Bank, a institutional-grade custodian, provides the regulatory infrastructure necessary for a major traditional asset manager to hold digital assets on behalf of fund shareholders. This custodial arrangement addresses one of the key operational requirements for SEC-approved cryptocurrency ETFs.
The filing amendment reflects T. Rowe Price's continued push to launch actively managed crypto exposure to its client base, a move consistent with broader institutional adoption trends. The inclusion of SUI—the native token of the Sui blockchain—indicates the fund will track a diversified basket of digital assets rather than limiting exposure to established cryptocurrencies like Bitcoin and Ethereum.