SEC Opens 15% Active-Management Window for Bitcoin Trusts
The order is a generic-listing tweak, not a spot ETF approval, but it materially expands what crypto ETPs can hold without losing the streamlined listing path.
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The order is a generic-listing tweak, not a spot ETF approval, but it materially expands what crypto ETPs can hold without losing the streamlined listing path.
The lag spans value, activist, growth and Bitcoin-linked exposure, putting active management's ability to beat a broad equity benchmark in focus.
The surprise isn't that a $1.9T asset manager launched an active multi-token crypto ETF. It's that the basket openly holds Dogecoin, with the fund's lead PM calling memecoin seasons the closest thing…
The $1.9 trillion manager's TKNZ actively rotates across BTC, ETH, BNB, XRP, SOL and Hyperliquid, marking the biggest TradFi push yet past single-token exposure.
A $1.7T asset manager is putting its own capital into actively managed crypto strategies and folding in the CoinFund-era team, the clearest signal yet that institutional allocators are moving from…