Amplify ETFs Launches Stablecoin and Tokenization Sector ETFs on NYSE Arca
Amplify ETFs has launched two new exchange-traded funds (ETFs), STBQ and TKNQ, which provide investors with exposure to the stablecoin and tokenization sectors respectively. Both ETFs track MarketVector indexes and are now trading on the NYSE Arca exchange. STBQ, known as the Stablecoin Technology ETF, follows the MarketVector Stablecoin Technology Index. It targets companies involved in payments, crypto infrastructure, and stablecoin platforms. This ETF holds 24 assets with its largest exposure to spot crypto ETFs including XRP, SOL, ETH, and LINK. Meanwhile, TKNQ, the Tokenization Technology ETF, tracks the MarketVector Tokenization Technology Index. Its focus lies in the digitization of real-world assets and comprises 53 holdings, also featuring significant exposure to spot crypto ETFs and related equities. Both ETFs have a total expense ratio of 69 basis points. Amplify ETFs currently manages over $16 billion in assets. The launch of these ETFs aligns with recent regulatory developments such as the U.S. GENIUS Act, signed into law in July, which establishes a federal framework for stablecoins and facilitates the settlement of tokenized assets using stablecoins.
