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T. ROWE PRICE DEBUTS INDUSTRY'S FIRST ACTIVELY MANAGED MULTI-TOKEN SPOT EXCHANGE-TRADED PRODUCT
The fund holds nine digital assets, with Bitcoin at nearly 41%, and uses active management to shift allocations as market conditions change.
- On Thursday, July 16, 2026, T. Rowe Price launched the T. Rowe Price Active Crypto ETF on NYSE Arca, marking the firm's first actively managed multi-token exchange-traded product.
- Head of Digital Assets Blue Macellari manages the fund to eliminate 'guesswork' in crypto allocation; Bitcoin comprises 41% of holdings, with Ethereum at 18% and BNB at 11%.
- TKNZ carries a 0.75% management fee with a waiver effective until May 31, 2027, while Macellari leads four co-portfolio managers: Stefan Hubrich, David Kroger, Sean McWilliams, and Dante Pearson.
- Bloomberg senior ETF analyst Eric Balchunas noted the firm was 'smart' to wait until after October's market selloff settled; the Securities and Exchange Commission approved the listing in June 2026.
- Organized as a Delaware statutory trust, the fund uses Anchorage Digital Bank as crypto custodian but is not registered under the Investment Company Act of 1940, exposing investors to regulatory uncertainty.
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T. Rowe Price Launches Multi-Crypto ETF Including Bitcoin, Ethereum, and XRP
T. Rowe Price spent 89 years avoiding anything that looks like a gamble, then built a crypto fund where five managers hand-pick the coins instead of following any index. Their opening bets reveal a sharp disagreement with what the broader market currently says these assets are worth.
·Lakewood, United States
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stocktitan.netT. ROWE PRICE DEBUTS INDUSTRY'S FIRST ACTIVELY MANAGED MULTI-TOKEN SPOT EXCHANGE-TRADED PRODUCT
/PRNewswire/ -- T. Rowe Price, a global investment management firm and a leader in retirement, announced today the addition of the T. Rowe Price Active Crypto...
·Chicago, United States
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