PANews reported on December 23 that asset management company Amplify ETFs launched two new ETFs: Amplify Stablecoin Technology ETF (STBQ) and Amplify Tokenization Technology ETF (TKNQ), providing investors with investment opportunities in the stablecoin and asset tokenization sectors.
STBQ focuses on stablecoin technology, covering payment companies, crypto infrastructure providers, and stablecoin trading platforms. It tracks the MarketVector Stablecoin Technology Index and currently holds 24 assets, including spot crypto ETFs such as XRP, SOL, ETH, and LINK.
TKNQ focuses on asset tokenization technology, tracks the MarketVector Tokenization Technology Index, and holds 53 assets, covering both corporate and crypto assets that support the digitization of real-world assets.
Both ETFs have an expense ratio of 69 basis points and are now listed on the NYSE Arca exchange.
