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T. Rowe Price Just Launched the First Actively Managed Multi-Crypto Spot ETF. Here's What Crypto Investors Need to Know
The Motley Fool·
T. Rowe Price has launched the T. Rowe Price Active Crypto ETF (TKNZ), the first actively managed multi-cryptocurrency spot ETF. Unlike existing crypto ETFs that focus on single coins, this fund holds eight cryptocurrencies with Bitcoin, Ethereum, and Binance Coin comprising about 70.6% of the portfolio. The fund charges 0.75% annually and is backed by experienced management, potentially appealing to investors seeking diversified crypto exposure without individual coin selection.
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