Asset management giant T. Rowe Price launches an actively managed crypto ETF covering BTC, ETH, and other major assets

Odaily reported that U.S. asset management giant T. Rowe Price has announced the launch of an actively managed cryptocurrency ETF, $TKNZ, offering investors exposure to a variety of digital assets. The ETF portfolio includes Bitcoin ($BTC), Ethereum ($ETH), XRP ($XRP), Solana ($SOL), and Hyperliquid ($HYPE) among other crypto assets.

Unlike traditional passive crypto ETFs, TKNZ employs an active management strategy, where the fund manager dynamically adjusts portfolio weightings based on market conditions, asset performance, and risk factors. The goal is to capture opportunities in the digital asset market while managing volatility risk.

T. Rowe Price’s entry into the actively managed crypto ETF space further reflects that major Wall Street asset managers are accelerating their deployment in digital asset investment products. As spot Bitcoin and Ethereum ETFs gain market acceptance, institutional demand for multi-asset crypto investment tools continues to heat up. (Cointelegraph)