T. Rowe Price launches multi-token crypto ETF TKNZ
6.6 Investments T. Rowe Price launches TKNZ, an actively managed multi-token crypto ETF on NYSE Arca, offering exposure to Bitcoin, Ethereum, and more, with a 0.75% fee and dynamic management.
T. Rowe Price has introduced its first actively managed multi-token crypto ETF, TKNZ, on NYSE Arca. This ETF provides investors with exposure to a diversified portfolio of digital assets, including Bitcoin, Ethereum, XRP, Solana, Hyperliquid, BNB, Dogecoin, and Shiba Inu. At launch, the fund held approximately $15 million in assets, with initial allocations focused primarily on Bitcoin and Ethereum. TKNZ employs an active management strategy, allowing portfolio managers to adjust holdings in response to market conditions, research, and risk factors. The ETF charges a 0.75% management fee, which is waived until May 31, 2027. Currently, the fund does not generate revenue from staking, though this may be considered in the future. The launch of TKNZ underscores growing institutional interest in regulated, multi-asset crypto investment products. It marks a significant move by a major asset manager into the expanding digital asset sector.
