T. Rowe Price launches active multi-token spot crypto ETF

T. Rowe Price began trading TKNZ, an actively managed multi-token spot crypto ETF, on NYSE Arca on July 16, 2026. The fund is listed under the ticker TKNZ and is offered by the asset manager, which has $1.89 trillion in client assets.

The Securities and Exchange Commission approved NYSE Arca’s proposal to list the product on June 12, 2026. T. Rowe Price described the fund as the first actively managed multi-token spot exchange-traded product available in the market.

T. Rowe Price disclosed initial allocations on July 17, 2026. Bitcoin made up 41.13% of the portfolio and ether 18.31%, bringing their combined weight to 59.44% of assets. Binance Coin accounted for 11.12%.

Solana was 9.46% and XRP 9.42%. A token listed as HYPE represented 6.14%. Together those six tokens-bitcoin, ether, BNB, Solana, XRP and HYPE-comprised more than 95% of the fund’s holdings.

Smaller positions included Stellar Lumens at 2.84%, dogecoin at 1.30%, USD Coin at 0.17% and cash and cash equivalents at 0.12%.

Portfolio management is led by Blue Macellari, head of digital assets at T. Rowe Price, with co-portfolio managers Stefan Hubrich, David Kroger, Sean McWilliams and Dante Pearson. The team’s experience ranges from nine to more than 20 years in investment and alternative asset management.

T. Rowe Price stated the ETF applies a research-driven, risk-aware process across an eligible set of crypto assets and that managers can change allocations in response to market trends, rallies and sector rotations instead of tracking a fixed index or a single token.

The firm noted it has spent several years studying blockchain technology and digital assets, built modular infrastructure for trading digital assets and worked with institutional service providers to expand operational capacity.