T. Rowe Price, a $1.9 trillion asset manager, launches its first actively managed multi-token crypto ETF.
Tech & Launches ·
An asset manager with $1.9 trillion in assets under management has launched its first actively managed multi-token crypto ETF, marking a step into actively managed crypto products. The ETF, branded TKNZ Active Crypto, began trading on Thursday following a filing submitted in October.
The product represents an expansion of traditional asset management into the crypto space, moving beyond passive index-tracking vehicles to active token selection and management. The firm's entry into actively managed crypto exposure suggests confidence in the market's maturity and investor appetite for professional management of digital assets.
Details on the fund's specific holdings, fee structure, investment strategy, and assets raised remain unclear from available reporting.