T. Rowe Price Launches TKNZ ETF With 40.75% BTC and HYPE Overweight

Bloomberg ETF analyst Eric Balchunas said T. Rowe Price’s actively managed crypto ETF TKNZ launched today with about $15 million in initial assets. Balchunas said the fund is the first multi-token actively managed spot ETF and charges a 0.75% fee. The opening portfolio assigns 40.75% to BTC and 6.45% to HYPE, leaving BTC underweight and HYPE significantly overweight.
BTC-1.22%
HYPE-7.83%
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