T. Rowe Price Files for NYSE Arca-Listed Active Crypto Fund Covering 14 Digital Assets
T. Rowe Price has filed Amendment No. 2 for a crypto-focused fund that can invest in 14 digital assets including BTC, ETH, SOL, XRP, ADA, AVAX, LTC, DOT, DOGE, HBAR, BCH, LINK, XLM, and SHIB. The strategy will actively hold between 5 and 15 of these tokens at any given time, with positions determined by fundamentals, valuation, and momentum rather than market capitalization. The product aims to outperform the FTSE Crypto US Listed Index and is planned to trade on NYSE Arca under the ticker TKNZ.