Amplify ETFs, a fund provider with over $16 billion in assets under management, has brought to market two new ETFs that provide investors with targeted exposure to the companies and cryptocurrencies behind stablecoins and tokenized assets.
The Amplify Stablecoin Technology ETF (STBQ) provides exposure to payment companies, crypto infrastructure providers, and platforms facilitating stablecoin-based trading.
It tracks the MarketVector Stablecoin Technology Index, which includes stocks and crypto assets such as DeFi protocols and stablecoin-adjacent tokens. Amplify’s website shows that the fund currently has 24 holdings, the largest of which are spot crypto ETFs offering exposure to XRP, SOL, ETH and LINK.
The Amplify Tokenization Technology ETF (TKNQ) focuses on companies enabling the digitalization of real-world assets and tracks the MarketVector Tokenization Technology Index.
TKNQ currently owns 53 holdings, the largest of which are the same ETFs that provide exposure to cryptocurrency spot prices, as well as several stocks.
Both funds have a total expense ratio of 69 basis points and are now traded on NYSE Arca.
The timing of the offerings coincides with the regulatory changes. The US GENIUS Act, signed in July, created a federal framework for stablecoins and also paved the way for institutions to settle tokenized assets using stablecoins by clarifying compliance and audit requirements.
