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T. Rowe Price Launches Multi-Token Crypto ETF

T. Rowe Price Launches Multi-Token Crypto ETF

Asset manager T. Rowe Price (NASDAQ: $TROW) has launched a new actively managed exchange-traded fund (ETF) that features multiple cryptocurrencies. 

T. Rowe Price, which manages $1.9 trillion U.S. of assets, has launched what it calls the first actively managed multi-token spot crypto ETF.

The “T. Rowe Price Crypto ETF” (NYSE: $TKNZ) is a portfolio of top cryptocurrencies,
with nearly 41% allocated to Bitcoin (CRYPTO: $BTC).

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Other digital assets in the ETF include Ethereum (CRYPTO: $ETH), Solana (CRYPTO: $SOL), XRP (CRYPTO: $XRP) and Hyperliquid (CRYPTO: $HYPE), among others. 

The new fund has launched with $15 million U.S. in assets and a 0.75%…

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