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T. Rowe Price includes established memecoins in active crypto ETF
The firm launched its actively managed multi-token spot ETF in July and says token selection is based on investment merit and portfolio role, not reputation.
T. Rowe Price, a $1.9 trillion asset manager, said it includes established memecoins in its actively managed crypto exchange-traded fund as part of a disciplined strategy rather than a bet on internet hype, according to CoinDesk.
Digital assets chief Blue Macellari argued that active management means evaluating each eligible token on its merits, and excluding established memecoins on principle could leave investors out even if a token shows strong momentum.
Macellari also said memecoin trading can act as a stress test for blockchain networks, providing insights into scalability and reliability.
The firm launched the T. Rowe Price Active Crypto ETF (TKNZ) in July, and CoinDesk reported the fund carries a 0.75% management fee under a temporary fee waiver through May 2027.