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Wu Says he learned from Bloomberg ETF analyst Eric Balchunas that T. Rowe Price’s actively managed crypto ETF TKNZ launched today. It is the first multi-asset actively managed spot ETF, with a management fee of 0.75% and an initial asset size of about $15 million. In the initial holdings, BTC makes up 40.75%, ETH 18.42%, BNB 11.01%, SOL 9.44%, XRP 9.37%, HYPE 6.45%, XLM 3.00%, DOGE 1.28%, while USDC and cash account for 0.16% and 0.11%, respectively. Overall, it is underweight BTC and overweight most other tokens, with HYPE particularly noticeably overweight.