T. Rowe Price has launched the T. Rowe Price Active Crypto ETF, an actively managed exchange-traded product designed to provide diversified exposure to several leading digital assets. The product began trading on NYSE Arca under the ticker symbol TKNZ.

T. Rowe Price described TKNZ as the industry’s first actively managed multi-token spot exchange-traded product.

Unlike many crypto investment products that focus on one token or track a passive index, TKNZ allows portfolio managers to adjust its holdings based on research, market conditions and changing opportunities across the digital asset market.

The product can invest in an eligible universe that includes Bitcoin, Ethereum, Binance, XRP, Solana, Hyperliquid and other…