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T. Rowe Price (TKNZ) launched the T. Rowe Price Active Crypto ETF, described as the industry's first actively managed multi-token spot exchange-traded product. The fund began trading on NYSE Arca on July 16, 2026 and targets diversified exposure to leading crypto assets, including Bitcoin, Ethereum, Binance, XRP, Solana, Hyperliquid, and others.
The portfolio is actively managed using T. Rowe Price's research-driven, risk-aware approach to respond to trends, momentum, and market rotations in digital assets. The fund is led by Blue Macellari, head of Digital Assets, supported by four co-portfolio managers. Net of a fee waiver effective until May 31, 2027, the management fee is 0.75%. TKNZ expands T. Rowe Price's active exchange-traded lineup to 34 products and is the first in its roster providing access to digital assets. The product is an exchange-traded product rather than a 1940 Act-registered investment company.