T. Rowe Price's Active Crypto ETF TKNZ Nears Launch, Adds HYPE and BNB to Eligible Assets
AI Market Summary
SEC filings indicate T. Rowe Price's active crypto ETF (TKNZ), approved for NYSE Arca, has expanded eligible spot holdings to 17 assets and added HYPE and BNB, supported by trading and liquidity agreements with StoneX Digital and Virtu. A large traditional asset manager formalizing spot execution and broadening the basket is constructive for institutional participation and liquidity, with the most direct marginal demand impact on newly added constituents.
Impact level
● Medium
Affected assets
BNB/USDT+1.45%
AI Insight · BNB/USDTAI Insight
▲ Bullish
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ChainThink reported that a July 15 U.S. SEC filing shows T. Rowe Price's active crypto ETF, TKNZ, has signed a digital asset trading agreement with StoneX Digital LLC and a liquidity provider agreement with Virtu Financial Singapore. The arrangements are intended to support the fund's spot-market purchases and sales of crypto assets.
The filing also indicates TKNZ's eligible asset list has been expanded to 17 tokens, adding HYPE and BNB. The updated roster includes BTC, ETH, SOL, XRP, ADA, AVAX, LTC, DOT, DOGE, HBAR, BCH, LINK, XLM, SHIB, SUI, HYPE, and BNB.
TKNZ received SEC approval on June 12 to trade on NYSE Arca. The fund is sponsored by T. Rowe Price, which oversees about $1.9 trillion in assets.