T. Rowe Price adds Cardano to its Active Crypto ETF
T. Rowe Price has added $ADA to TKNZ, its actively managed multi-token spot crypto ETF.
The fund launched in mid-July without Cardano, even though earlier filings had listed ADA as an eligible asset. It has now been included with a 0.44% portfolio weighting.
TKNZ already holds Bitcoin, Ethereum, Solana, XRP, BNB and several others. ADA’s addition marks another step in expanding institutional exposure to Cardano through regulated products.
Quiet progress on the TradFi side.
#Cardano #CardanoCommunity
T. Rowe Price has added $ADA to TKNZ, its actively managed multi-token spot crypto ETF.
The fund launched in mid-July without Cardano, even though earlier filings had listed ADA as an eligible asset. It has now been included with a 0.44% portfolio weighting.
TKNZ already holds Bitcoin, Ethereum, Solana, XRP, BNB and several others. ADA’s addition marks another step in expanding institutional exposure to Cardano through regulated products.
Quiet progress on the TradFi side.
#Cardano #CardanoCommunity
