Amplify's crypto-related STBQ and TKNQ ETFs come to market
CoinDesk
Amplify ETFs launched STBQ for stablecoin technology and TKNQ for tokenization, both trading on NYSE Arca.Summary
Amplify ETFs, managing over $16 billion in assets, has introduced two new exchange-traded funds (ETFs): the Amplify Stablecoin Technology ETF (STBQ) and the Amplify Tokenization Technology ETF (TKNQ). STBQ targets companies and infrastructure facilitating stablecoin trading, tracking an index that includes equities and crypto assets like DeFi protocols. TKNQ focuses on businesses enabling the digitization of real-world assets. Both funds carry a 69 basis point expense ratio and are now trading on NYSE Arca. The launch coincides with regulatory developments, such as the U.S. GENIUS Act, which established a federal framework for stablecoins.
(Source：CoinDesk)