$1.9 trillion asset manager T. Rowe Price bets on active management with first multi-token crypto ETF

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Crypto News

T. Rowe Price has brought what it said is the industry’s first actively managed multi-token spot crypto exchange-traded fund (ETF) to the market. The T. Rowe Price Active Crypto ETF (TKNZ) began trading on Thursday, giving investors exposure to a portfolio of crypto assets rather than a single token. The launch marks a milestone for […]

Elon Musk’s SpaceX is now worth nearly twice all of bitcoin at $2.6 trillion

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Crypto News

The entire bitcoin market is worth about $1.2 trillion as of Wednesday. SpaceX, at $2.5 trillion, is worth nearly twice that, and it is drawing from the same risk budget that flows to crypto – the point ARK made earlier this week when it funded its SpaceX buying by selling other holdings. The caution is […]