T. Rowe Price Active Crypto ETF Reports Financial Performance for Period Ending June 30, 2026

T. Rowe Price Active Crypto ETF has reported its financial performance for the period ending June 30, 2026, following its initial seed date of April 1, 2026. The Trust's total assets amounted to $20,000, with net assets also recorded at $20,000. The Trust issued 800 shares at a par value of $0.0001, resulting in a net asset value (NAV) per share of $25. Notably, there were no revenues or profits reported during this period, as the Trust had not yet commenced operations beyond the issuance of initial seed shares.

In comparison to the previous fiscal period, the Trust has seen a significant increase in net assets due to capital share transactions. Specifically, the Trust issued 20,000 shares, leading to a net increase in assets of $20,000. This marks a pivotal moment for the Trust, as it transitions from its initial setup phase to operational readiness. The registration statement for the Trust's continuous public offering was declared effective by the Securities and Exchange Commission (SEC) on June 18, 2026, paving the way for future growth.

Strategically, the Trust is positioned as an actively-managed exchange-traded product focused on long-term capital growth through investments in crypto assets. The Trust aims to hold between five and fifteen crypto assets under normal market conditions, utilizing a fundamentally informed model-based process to select investments. The Trust's management structure includes T. Rowe Price Sponsor LLC as the sponsor and T. Rowe Price Associates, Inc. as the administrator, both of which are subsidiaries of T. Rowe Price Group, Inc.

Operationally, the Trust has not yet reported any customer counts or user statistics, as it has only recently begun its operations. However, it is set to commence trading on NYSE Arca, Inc. under the symbol TKNZ on July 16, 2026. The Trust's management fee is set at 0.90% of average daily net assets, with a temporary waiver reducing it to 0.75% until May 31, 2027. The Trust's liquidity strategy includes holding cash and cash equivalents to manage expenses and facilitate trading, although it is primarily focused on investing in crypto assets.

Looking ahead, the Trust's management has expressed optimism about its operational launch and the potential for growth in the crypto asset market. The Trust is subject to various risks, including market volatility and regulatory changes, which could impact its performance. However, the management team is committed to navigating these challenges while aiming to outperform the FTSE Crypto US Listed Index. The Trust's future performance will be closely monitored as it begins trading and expands its investment activities.