$1.9 trillion asset manager T. Rowe Price bets on active management with first multi-token crypto ETF
T. Rowe Price launched what it says is the industry’s first actively managed multi-token spot crypto ETF, offering diversified exposure to digital assets.
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Summary
- T. Rowe Price’s new TKNZ ETF actively invests across cryptocurrencies including bitcoin, ether, BNB, XRP, solana and Hyperliquid.
- The $1.9 trillion asset manager joins a growing wave of firms expanding beyond single-token crypto investment products.
- The fund’s managers can adjust holdings based on market conditions rather than tracking a fixed crypto index.
