Amplify ETFs, managing assets exceeding $16 billion, has introduced two innovative ETFs designed to provide investors with focused access to companies and cryptocurrencies involved in stablecoins and tokenized asset technologies.
The Amplify Stablecoin Technology ETF (ticker: STBQ) targets firms engaged in payment solutions, crypto infrastructure, and platforms that support trading based on stablecoins.
This ETF follows the MarketVector Stablecoin Technology Index, which comprises both equities and digital assets like DeFi protocols and tokens related to stablecoins. According to Amplify’s official site, the fund holds 24 positions at present; its largest investments include spot cryptocurrency ETFs that track XRP, SOL, ETH, and LINK.
On the other hand, the Amplify Tokenization Technology ETF (ticker: TKNQ) concentrates on companies facilitating the conversion of physical assets into digital tokens. It mirrors the MarketVector Tokenization Technology Index.
TKNQ currently includes 53 holdings. Its top components are similar spot crypto ETFs providing exposure to cryptocurrency prices alongside several stock equities.
Both funds feature a total expense ratio of 0.69% and are actively traded on NYSE Arca.
The launch of these ETFs aligns with recent regulatory developments. The U.S. GENIUS Act enacted in July established a federal framework for stablecoins while enabling institutions to transact tokenized assets via stablecoins by clarifying compliance standards and audit procedures.