T. Rowe Price, which manages $1.89 trillion in client assets, has launched TKNZ, an actively managed multi-token spot exchange-traded fund (ETF) offering

T. Rowe Price launches first actively managed multi-token crypto ETP on NYSE. Ethereum reaching $6,500 by December 31, 2026 at 2.4% YES.

T. Rowe Price's TKNZ Active Crypto ETF began trading Thursday after the firm filed for the product in October.