According to Foresight News , digital asset management company Amplify has announced the launch of two ETFs, one tracking stablecoins and the other tokenization technology indices. Both the Amplify Stablecoin Technology ETF (STBQ) and the Amplify Tokenization Technology ETF (TKNQ) are now listed on the New York Stock Exchange Arca.
STBQ seeks investment returns that are broadly correlated with the total return performance (before fees and expenses) of the MarketVector Stablecoin Technology Index (MVSTBQ), and allocates 25-50% of its assets to crypto assets related to stablecoins and DeFi applications upon rebalancing. TKNQ seeks investment returns that are broadly correlated with the total return performance of the MarketVector Tokenization Technology Index (MVTKNQ), including 25-50% of its assets in crypto-related assets that meet predetermined market capitalization, investability, and liquidity thresholds upon rebalancing.
