T. Rowe Price Files For Actively Managed Crypto ETF

Traditional international indexes weighted toward financials, materials, and industrials rarely deliver the growth clients expect from equity allocations. The Pacer Nasdaq International Patent Leaders ETF (PATN) takes a different approach, targeting the 100 non-U.S. companies with the most valuable patent portfolios. By filtering international exposure through intellectual property rather than market capitalization, the fund seeks to match the innovation-driven characteristics of U.S. technology exposure while maintaining geographic diversification.