T. Rowe Price Active Crypto ETF 2Q 2026: No Revenue, No Net Income — 10-Q Summary

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.