T. Rowe Price Active Crypto ETF Combines Multiple Tokens in One Wrapper

Crypto assets remain a significant interest and opportunity for investors, despite no longer dominating headlines. Advisors need to find effective ways to meet client demand for digital assets.

The T. Rowe Price Active Crypto ETF (TKNZ) offers a one-stop crypto exchange-traded solution by combining multiple tokens in an active wrapper. With a fee waiver in place, TKNZ charges a net 75 basis point (bps) charge to actively invest in a diversified group of crypto assets.

T. Rowe Price's fundamental research capabilities are leveraged by the strategy to measure market metrics like momentum for said assets. The management team uses bottom-up analysis and top-down research into the thematic space overall, with the ability to expand with the market.

The active crypto ETP looks at factors such as long-term growth potential and blockchain advances. It applies a quant risk framework to help guide decisions on allocations and allocation sizes. The fund expects to hold between five and 15 crypto assets overall.