T. Rowe Price has entered the encrypted ETF market and is listed in NYSE Arca for active management of TKNZ. Unlike most of the products of a single token or passive tracking index, the Foundation adjusts its position between multiple encrypted assets to respond to market rotations and trends.
Started with bitcoin.
According to company disclosures, Bitcoin was the largest holding tank at the time of listing of TKNZ, accounting for approximately 40.75 per cent. 18.42 per cent for Ether and 11.01 per cent for BNB. The weights of Solana and XRP were 9.44 per cent and 9.37 per cent, respectively, while Hyperliquid's HYPE accounted for 6.45 per cent.
- Stellar Lumens 3.00%
- Dogecoin 1.28%
- USDC (0.16%)
Cash equivalents account for approximately 0.11 per cent. The Fund was on line with assets of approximately $15 million.
Main play multi-currency active configuration
According to T. Rowe Price, this product is intended for investors who wish to acquire a variety of encrypted asset exposures through a single listing tool. The Fund can invest in digital assets such as Bitcoin, Ethera, BNB, XRP, Solana and Hyperliquid.
Unlike passive products, the TKNZ strategy focuses on adjusting configurations to market rotation, dynamic changes and emerging encryption themes. The equity instrument also allows the Fund to invest in network-related assets, but no proceeds will be obtained through pledge at this stage for possible future consideration.
The rate is 0.75%.
According to ETF Senior Analyst Eric Balchunas, a Bloomberg industry study, the initial configuration of the fund appeared to be “low-end bitcoin and high-end for other assets, especially HYPE”. He also mentioned that the management fee for TKNZ was 0.75 per cent.
T. Rowe Price submitted an application for the Fund in October 2025. The company is based in Baltimore and has nearly 90 years of management experience. The launch of TKNZ means that traditional large management agencies continue to expand the distribution of encrypted investment products.