T. Rowe Price debuts industry's first actively managed multi-token spot exchange-traded product.
Prnewswire •
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Promote with Leviathan News“First” applies to the direct-spot trust wrapper, not active crypto allocation: [21Shares launched TKNS on May 14](https://www.21shares.com/en-us/products-us/tkns), but its prospectus allows 40%+ in other ETPs and ETFs, while [TKNZ normally holds 5–15 tokens directly](https://www.sec.gov/Archives/edgar/data/2089855/000199937126013250/tknz-424b3_062326.htm). Distribution decides whether this becomes an actual alt bid, since TKNS had just $222,812 AUM on July 15 versus T. Rowe Price’s $1.89T platform, two-thirds retirement-related, on June 30.
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