The $1.9 trillion asset manager’s new product holds 40.75% in Bitcoin, marking what the post describes as the first actively managed multi-token spot crypto ETP.
T. Rowe Price has launched what is described as the first actively managed multi-token spot crypto ETP. The post says the $1.9 trillion asset manager’s fund allocates 40.75% to Bitcoin, indicating the product combines direct crypto exposure across multiple tokens rather than tracking a single asset passively. The launch points to continued product innovation in listed crypto investment vehicles, with active management suggesting portfolio weights can be adjusted over time instead of simply mirroring a fixed index.