T. Rowe Price Adds Cardano ADA to Crypto ETF
Cardano (ADA) has been added to T. Rowe Price's cryptocurrency exchange-traded fund (ETF), which may have contributed to a 10% price jump in ADA.
T. Rowe Price is a well-established investment management firm with over $1 trillion in assets under management.
The inclusion of ADA in the ETF means that investors can now gain exposure to Cardano through this vehicle, potentially increasing demand and driving up prices.