Amplify Launches Stablecoin and Tokenization ETFs as Regulatory Tailwinds Grow

Asset manager Amplify ETFs, which oversees over $16 billion in assets, has listed two new exchange-traded funds on NYSE Arca to offer investors targeted exposure to the stablecoin and tokenized asset sectors. The funds, which began trading Tuesday, arrive as the regulatory landscape for digital assets gains clarity.

Inside the New Thematic Funds

The two new products are the Amplify Stablecoin Technology ETF (STBQ) and the Amplify Tokenization Technology ETF (TKNQ). Both carry a total expense ratio of 69 basis points (0.69%). - STBQ tracks the MarketVector Stablecoin Technology Index, focusing on payments firms, crypto infrastructure providers, and platforms enabling stablecoin-based trading. According to Amplify's website, the fund's 24 holdings are led by spot crypto ETFs offering exposure to XRP, SOL, ETH, and LINK. - TKNQ tracks the MarketVector Tokenization Technology Index and targets businesses enabling the digitization of real-world assets. It currently has 53 holdings, which include the same major crypto ETFs alongside several equities.

The Regulatory Catalyst

The timing of the launch appears linked to key regulatory developments. The U.S. GENIUS Act, which was signed into law in July, established a federal framework for stablecoins. The act clarified compliance and audit requirements, which in turn paved the way for financial institutions to use stablecoins to settle tokenized asset transactions, reducing a significant source of market uncertainty.