T. Rowe Price introduces new active crypto ETF with top holdings in BTC, ETH, XRP
July 18, 2026
T. Rowe Price, a financial firm managing $1.89 trillion in client assets, has recently introduced TKNZ, an actively managed multi-token spot exchange-traded fund (ETF) that provides exposure to prominent cryptocurrencies like bitcoin, ether, and XRP.
This innovative product, which began trading on NYSE Arca under the symbol TKNZ, marks a significant development in the field of cryptocurrency investment. By combining multiple spot crypto assets in an actively managed portfolio, T. Rowe Price aims to offer investors an alternative to the traditional single-token and passively managed investment products. Blue Macellari, the head of digital assets at T. Rowe Price, leads a team of experienced portfolio managers who bring a wealth of knowledge and expertise to the management of TKNZ.
The fund’s unique value proposition lies in its ability to adapt to market trends and shifts in momentum across the crypto sector. Unlike many digital asset exchange-traded products (ETPs) that focus on a single cryptocurrency or follow passive strategies, TKNZ empowers its managers to adjust the portfolio holdings in response to changing market conditions. This active approach to asset management allows for a more dynamic and responsive investment strategy, which is crucial in the fast-paced and volatile world of cryptocurrency.
The initial holdings of TKNZ, as disclosed by the fund, reveal an interesting mix of cryptocurrencies with varying weightings. Bitcoin (BTC) holds the largest position in the portfolio at 41.13%, followed by ether (ETH) at 18.31%. Other significant holdings include Binance Coin (BNB) at 11.12%, Solana (SOL) at 9.46%, XRP at 9.42%, and another crypto asset called HYPE at 6.14%. Together, these six cryptocurrencies make up more than 95% of the portfolio, demonstrating a strategic concentration on a select group of major tokens.
While the fund provides diversification across various assets, it is worth noting that bitcoin and ethereum alone represent a significant portion of the fund’s holdings, underscoring the importance of these two leading cryptocurrencies in the crypto market. T. Rowe Price’s decision to rely on active asset allocation reflects the firm’s commitment to delivering value to investors through a research-driven and risk-aware process.
In conclusion, the launch of TKNZ represents a significant milestone in the evolution of cryptocurrency investment products. With its focus on active management and multi-token exposure, T. Rowe Price seeks to offer investors a compelling investment opportunity in the dynamic and rapidly evolving world of cryptocurrencies.
