Amplify ETFs, a fund provider with more than $16 billion in assets under management, has brought two new ETFs to market that provide investors with targeted exposure to companies and cryptocurrencies behind stablecoins and tokenized assets.
The Amplify Stablecoin Technology ETF (STBQ) offers exposure to payments companies, crypto infrastructure providers, and platforms that facilitate stablecoin-based commerce.
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 that enable the digitization of real-world assets and tracks the MarketVector Tokenization Technology Index.
TKNQ currently has 53 holdings, the largest of which are the same ETFs that offer exposure to cryptocurrency spot prices, along with several stocks.
Both funds have a total expense ratio of 69 basis points and are now listed on the NYSE Arca.
The timing of the offers coincides with 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.
