Amplify launches first-mover ETFs focused on stablecoins and tokenization

Amplify ETFs, which manages over $16.6 billion in assets, has introduced two new exchange-traded funds: the Amplify Stablecoin Technology ETF (STBQ) and the Amplify Tokenization Technology ETF (TKNQ). These are described as first-of-their-kind offerings designed to give investors targeted exposure to the companies and digital assets driving the expansion of stablecoin and tokenized finance ecosystems. STBQ focuses on firms involved in stablecoin-related payments technology and digital asset infrastructure, aiming for performance correlated with the MarketVector Stablecoin Technology Index, with up to half the portfolio allocated to stablecoin/DeFi use cases. TKNQ tracks the MarketVector Tokenization Technology Index, investing in tokenization platforms, blockchain infrastructure, and financial institutions, also allocating 25% to 50% to qualifying crypto-related exposures. Christian Magoon, CEO of Amplify ETFs, stated that these launches reflect the firm's commitment to providing ETF solutions for investors looking to access the advancing markets of stablecoins and tokenization.

(Source：Crypto Briefing)