Amplify ETFs, a fund provider with more than $16 billion in assets under management, has launched two new ETFs into the market, allowing investors to invest in the companies and cryptocurrencies behind stablecoins and tokenized assets in a targeted manner.
The Amplify Stablecoin Technology ETF (STBQ) provides investment opportunities in payments companies, crypto infrastructure providers, and platforms that facilitate stablecoin trading.
It tracks the MarketVector Stablecoin Technology Index, which includes stocks and crypto assets such as DeFi protocols and stablecoin-related tokens. Amplify’s website shows that the fund currently holds 24 stocks, the largest of which is a spot crypto ETF that offers exposure to XRP, SOL, ETH, and LINK.
The Amplify Tokenization Technology ETF (TKNQ) focuses on companies digitizing real-world assets and tracks the MarketVector Tokenization Technology Index.
TKNQ currently holds 53 stocks, the largest of which are ETFs that provide exposure to spot cryptocurrency prices, as well as a number of stocks.
The two funds have a combined expense ratio of 69 basis points and currently trade on NYSE Arca.
The timing of the offering coincides with regulatory changes. The U.S. GENIUS Act, signed in July, creates a federal framework for stablecoins and paves the way for institutions to use stablecoins to settle tokenized assets by clarifying compliance and auditing requirements.
