Bitcoin Cash (BCH) rose above $487, gaining over 3% in just 24 hours as renewed optimism among institutional investors spread across the crypto markets.
This slight rise followed a surprising filing by T. Rowe Price, a legacy asset management firm with $1.8 trillion in assets, for an Active Crypto ETF. This move indicates that even major players in traditional finance are starting to invest in digital assets.
While BCH remains down over 6% on the week, the ETF filing has reignited short-term bullish sentiment among traders watching for institutional entry points.
Whale Interest Meets Institutional Tailwinds
The crypto market was jolted after Bloomberg’s Eric Balchunas revealed that T. Rowe Price submitted an S-1 registration for a “T. Rowe Price Active Crypto ETF” on October 22, 2025. The fund, if approved, will hold five to fifteen cryptocurrencies, including Bitcoin Cash, and aims to outperform the FTSE Crypto US Listed Index.
Industry analyst Nate Geraci called the move “hugely significant,” noting that T. Rowe’s conservative profile makes the filing even more remarkable. “A firm founded in 1937 is now building full crypto infrastructure,” he said, calling it a necessary “baby step” toward the eventual tokenization of securities.
This filing arrives as mutual funds face billions in outflows, pushing legacy players to explore digital markets. If approved, the ETF could mirror the BlackRock ETH ETF, which drew $164 million in inflows within a week, potentially unlocking over $1 billion in new institutional liquidity across crypto markets.
Bitcoin Cash Price Prediction: Resistance Looms at $496
Bitcoin Cash is showing early signs of recovery, but the technical picture remains fragile. The BCH Coin is trading around $487.8, just below the minor resistance zone at $496.8, according to data from CentralCharts. A clean breakout above this level could open the door toward the $520–$550 range.
However, technical indicators remain mixed. TradingView’s summary shows 14 sell signals versus only 2 buys, and most moving averages point to continued short-term weakness. The Relative Strength Index (RSI) at 38.9 suggests BCH is nearing oversold territory, hinting that a potential rebound may be forming, but confirmation is needed.
Crypto analyst Sjuul from AltCryptoGems noted earlier this week that BCH’s once “clean uptrend” has turned into a “pretty ugly downtrend,” marked by lower highs and fake breakouts. That said, the ETF narrative could provide the catalyst BCH needs to challenge that bearish structure, at least in the short term.
READ MORE: Why Did Crypto Crash Today? Will Bitcoin and Altcoins Go Back Up?
