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The Baltimore-based asset manager plans to list the T. Rowe Price Active Crypto ETF under the ticker TKNZ.
T. Rowe Price's Active Crypto ETF filing has reached its third amendment, indicating imminent launch.
KEY POINTS
- The ETF, ticker TKNZ, will actively allocate between 5 and 15 spot crypto assets.
- Planned asset weights include Bitcoin at 42.83%, Ethereum at 19.09%, and XRP at 10.56%.
- Unlike most current crypto ETFs, T. Rowe Price will avoid using leverage or complex derivatives.
- This marks T. Rowe Price's shift from mutual funds, entering as the largest active manager in crypto ETFs.
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