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T. Rowe Price’s Active Crypto ETF Filing Shows TOKN Ticker and 0.75% Fee

According to a preliminary prospectus dated April 27, 2026, T. Rowe Price has further amended its active digital asset fund filing, indicating the potential crypto ETF launch is moving closer.

Fact Check
The claim has meaningful support that T. Rowe Price amended its active crypto ETF filing in late April 2026 and that the filing showed a 0.75% fee. This is supported by the secondary reports 'T. Rowe Price amends active crypto ETF filing, moving closer to launch' and 'T Rowe Price提交主动管理型加密ETF第三份修订文件，费率0.75%'. The SEC source 'T. Rowe Price Active Crypto ETF S-1' independently confirms that such a T. Rowe Price active crypto ETF filing exists, though it predates the alleged April 27, 2026 amendment. However, the exact ticker is not stable across available evidence: Panews and the cryptodotnews X post say TOKN, while the CoinDesk X post says TKNZ. Because the underlying April 27, 2026 preliminary prospectus/SEC amendment was not retrieved in this run, I cannot fully validate the exact ticker from a primary filing. So the broader substance is likely true, but the specific ticker detail is conflicted.
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Summary

T. Rowe Price has taken another step toward launching an active crypto ETF by filing a further amendment tied to its actively managed digital asset fund. According to a preliminary prospectus dated April 27, 2026, the Baltimore-based asset manager has advanced the filing process, bringing a potential launch closer. Earlier amended filings showed the proposed fund would trade under the ticker TOKN and charge a 0.75% management fee. Bloomberg ETF analyst Eric Balchunas previously said the product may launch soon and described T. Rowe Price as the largest active manager to move into this segment of the crypto ETF market so far.

Terms & Concepts
  • Active crypto ETF: An exchange-traded fund focused on digital assets that is managed by investment professionals, rather than passively tracking a preset benchmark.
  • Ticker: The short trading symbol used to identify a fund or security on an exchange, in this case TOKN.
  • ETF: An exchange-traded fund is an investment vehicle that trades on stock exchanges and holds a basket of assets or a targeted exposure.