T. Rowe Price Active Crypto ETF reported that for the quarter ended June 30, 2026 the trust had not commenced operations and therefore recorded no revenue or net income; only seed capital had been issued during the period.
Financial Highlights
- No revenue reported for Apr 1–Jun 30, 2026 (no investment activity).
- No net income reported for Apr 1–Jun 30, 2026 (Trust had not commenced operations).
- Diluted earnings per share: not reported (no operations; only seed capital issued).
Business Highlights
- Seed issuance and fundraising: 800 seed shares were issued Apr–Jun 2026; an additional $14.98M of seed capital was raised on July 14, 2026, enabling the Trust to commence operations.
- Product launch and listing: The Trust commenced operations and began trading on NYSE Arca under ticker TKNZ on July 16, 2026.
- Strategy: The actively managed ETF targets long-term capital growth by investing in a diversified portfolio of 5–15 crypto assets and aims to outperform the FTSE Crypto US Listed Index.
- Governance and operations: The sponsor handles management and fee arrangements (0.75% net after waiver); an administrator calculates daily NAV using Lukka reference rates.
- Custody and infrastructure: Anchorage Digital Bank N.A. serves as crypto custodian and State Street holds cash. The SEC has authorized in-kind creations, though none have been used to date.
Original SEC Filing: T. Rowe Price Active Crypto ETF [ TKNZ ] - 10-Q - Aug. 10, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.
