T. Rowe Price, a $1.9 trillion asset manager, launched its first actively managed multi-token crypto ETF.
Ecosystem ·
T. Rowe Price, which manages $1.9 trillion in assets, has launched its first actively managed multi-token crypto ETF. The fund, named TKNZ, carries a 0.75% management fee and began with $15 million in initial assets, holding significant allocations to Bitcoin, Ethereum, and HYPE.
The ETF represents an entry into actively managed spot crypto products for the established asset manager. Rather than tracking a fixed index, the fund's composition reflects active selection decisions across multiple digital assets, distinguishing it from passive index-tracking alternatives.
Key details remain limited: the specific weighting of TKNZ's holdings beyond the noted major allocations, the fund's investment criteria and strategy, and any custodial or operational arrangements have not been disclosed in the available reporting.