TKNZ, the First Multi-Token Actively Managed Spot Crypto ETF, Launches With HYPE Significantly Overweight Bloomberg ETF analyst Eric Balchu…
TKNZ, the First Multi-Token Actively Managed Spot Crypto ETF, Launches With HYPE Significantly Overweight
Bloomberg ETF analyst Eric Balchunas said T. Rowe Price’s actively managed crypto ETF TKNZ launched today as the first multi-token actively managed spot ETF, with a 0.75% fee and approximately $15 million in initial assets. Its opening portfolio allocates 40.75% to BTC, 18.42% to ETH, 11.01% to BNB, 9.44% to SOL, 9.37% to XRP, 6.45% to HYPE, 3.00% to XLM and 1.28% to DOGE, with USDC and cash accounting for 0.16% and 0.11%, respectively. The fund is underweight BTC and overweight most other tokens, particularly HYPE.
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