Svmuu News: Asset management firm T. Rowe Price has launched TKNZ, an actively managed multi-token spot exchange-traded fund (ETF) that trades on NYSE Arca and provides spot exposure to cryptocurrencies such as Bitcoin, ETH, and XRP. T. Rowe Price manages $1.89 trillion in client assets.
The U.S. Securities and Exchange Commission (SEC) approved the listing and trading of this product on NYSE Arca on June 12, 2026. TKNZ is managed by Blue Macellari, Head of Digital Assets at T. Rowe Price, and the portfolio manager can adjust the allocation based on market trends, changes in momentum, and sector rotation.
As of July 17, BTC accounted for 41.13% of TKNZ’s holdings, ETH for 18.31%,BNB accounted for 11.12%, SOL for 9.46%, XRP for 9.42%, and HYPE for 6.14%. These six cryptocurrencies collectively accounted for over 95% of the portfolio.
T. Rowe Price Launches Actively Managed Multi-Token Spot ETF; Manages $1.89 Trillion in Client Assets
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Source:Odaily · Source Link
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