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Asset management giant Puxin Group launches its first actively managed multi-crypto asset ETF
According to Svmuu, ETF analyst Nate Geraci stated that T. Rowe Price, with assets under management nearing $2 trillion, launched the actively managed multi-crypto asset ETF TKNZ today—the first product of its kind on the market and the firm’s first crypto ETF. The fact that the crypto market is currently in a bear market has not deterred large traditional asset managers from entering the space, and the timing of these product launches may be just right.
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