Trillion-Dollar Asset Manager T. Rowe Price Launches First Active Management Multi-Token Cryptocurrency ETF

BlockBeats News, July 17th, T. Rowe Price, with approximately $1.9 trillion in assets under management, officially launched the actively managed multi-asset spot crypto ETF TKNZ and began trading on Thursday on the New York Stock Exchange Arca. The company stated that this is the industry's first actively managed multi-asset spot crypto ETF.

At the time of listing, TKNZ had an asset size of approximately $15 million. The initial holdings included Bitcoin at 40.75%, Ethereum at 18.42%, BNB at 11.01%, SOL and XRP at 9.44% and 9.37% respectively, and HYPE at 6.45%.

The fund allows portfolio managers to actively adjust token allocations based on T. Rowe Price's research and market judgment, with a management fee of 0.75%. The prospectus of the fund indicates that it will not initially earn yield through staking but reserves the possibility of introducing staking in the future.

T. Rowe Price first submitted the fund application in October 2025. Blue Macellari, the company's digital assets head, serves as the chief portfolio manager, with 4 other co-managers involved in the management.