T. Rowe Price Launches First Active Crypto ETF Featuring BTC, ETH, XRP, HYPE

T. Rowe Price has launched its first active crypto ETF, trading on NYSE Arca under ticker TKNZ, marking a notable expansion of a major traditional asset manager into digital assets. The fund offers active exposure to Bitcoin and several other crypto assets, including Ethereum, XRP, Solana, BNB, Hyperliquid, Dogecoin, and Shiba Inu, and features a fee waiver through May 31, 2027 with a 0.75% management fee during that period. The article frames the launch as a sign of growing institutional acceptance of crypto ETFs and broader product innovation in the sector. While the news is positive for crypto market sentiment overall, the immediate price impact is likely broader than BTC alone, reflecting continued institutionalization and potential new inflows into multi-token crypto products.