T. Rowe Price Group Inc (TROW) Expand Crypto ETF Plan

T. Rowe Price Group Inc (NASDAQ:TROW) is one of the most undervalued blockchain stocks to buy now. TROW stock has climbed around 16% in the past month.

T. Rowe Price Group Inc (TROW) Expand Crypto ETF Plan

On April 30, T. Rowe Price Group Inc (NASDAQ:TROW) came out with Q1 2026 results that showed earnings improved from the prior year. Revenue of $1.86 billion increased 5.3% YoY, and adjusted EPS of $2.52 compared with $2.23 in the same period a year ago.

While both revenue and EPS improved from the prior year, T. Rowe recorded $13.7 billion in net outflows during Q1 as clients continued to redeem. Against this backdrop, T. Rowe is seeking to diversify into new investment areas, and it has identified crypto as an area of interest.

The firm is seeking to launch a crypto ETF. This actively managed ETF will invest in a basket of five to 15 cryptocurrencies that meet T. Rowe’s selection criteria. The firm originally filed for approval of the crypto ETF on October 22, 2025. On March 16, 2026, it updated the filing to provide more details about the fund. In addition to purchasing and holding various cryptocurrencies, the fund would also engage in staking activities to earn yields, T. Rowe’s updated application shows.

Based in Maryland, T. Rowe Price Group Inc (NASDAQ:TROW) is a global investment management company. It offers funds, retirement plans, and account management. Its clients range from individual investors to institutional investors and financial intermediaries.

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