T Rowe Price: Launches TKNZ Active Crypto ETF
T Rowe Price TKNZ active crypto ETF launches with $15m assets, 75bps fee, underweight Bitcoin overweight HYPE holdings.
SourceAnalysis
T Rowe Price launched the first multi-token active spot ETF $TKNZ today carrying a 75bps fee and opening with $15m in assets, underweight Bitcoin while overweight most altcoins especially HYPE.
Price at $64574.19 holds above both EMA50 at $63782.44 and EMA200 at $63718.43 inside a bullish structure yet MACD death cross at 296.27 signals fading momentum; with price testing upper Bollinger resistance at $66186.67 while RSI sits neutral at 55.01, a healthy retracement toward the 50-EMA support at $63782.44 appears probable before continuation.
Eric Balchunas
@EricBalchunasBloomberg's Senior ETF Analyst and acclaimed author, co-hosting Trillions & ETF IQ while bringing deep institutional investment insights.