Why trillion-dollar asset manager T. Rowe Price put memecoins in its crypto ETF
T. Rowe Price has launched an actively managed crypto ETF, TKNZ, which includes memecoins like Dogecoin as part of its investment strategy. Portfolio manager Blue Macellari argues that memecoins serve as critical stress tests for blockchain network performance and represent a necessary component of a comprehensive crypto market portfolio.
For Blue Macellari, T. Rowe Price's head of digital assets and lead portfolio manager for the T. Rowe Price Active Crypto ETF ( TKNZ ), the decision wasn't about chasing internet hype. It was about building what she described as a complete representation of the crypto market.
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in