T. Rowe Price’s Active Multi-Crypto ETF Moves Closer to SEC Approval

Overview

• T. Rowe Price filed a fresh amendment and a preliminary prospectus for its TKNZ Active Crypto ETF, with SEC review still required and NYSE Arca pursuing a listing.
• The fund would be actively managed and hold between five and fifteen cryptocurrencies, using direct spot holdings rather than leverage or complex derivatives.
• The filing lists eligible assets such as Bitcoin, Ethereum, Solana, XRP, Cardano, Avalanche, Litecoin, Dogecoin, Hedera, Bitcoin Cash, Chainlink, Stellar, and Shiba Inu.
• A snapshot in the filing shows provisional weights led by Bitcoin near 43 percent, with Ethereum near 19 percent, XRP near 11 percent, and Solana near 8 percent.
• Bloomberg’s Eric Balchunas flagged a possible 0.75 percent fee and a near-term launch as unconfirmed details, which would give mainstream investors a single fund for diversified crypto exposure if regulators sign off.