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Amplify ETFs targeting stablecoin and tokenization sectors open for trade

The two funds — STBQ and TKNQ — each come with a 69 basis point expense ratio.

Dec 23, 2025, 1:28 p.m.
Stock market price charts (Anne Nygård/Unsplash)
(Anne Nygård/Unsplash/Modified by CoinDesk)

What to know:

  • Asset manager Amplify ETFs has brought to market two funds offering exposure to stablecoins and tokenized assets.
  • STBQ focuses on stablecoin technology, while TKNQ focuses on tokenization technology, tracking specific MarketVector indexes.
  • The funds each come with a 69 basis point expense ratio.

Amplify ETFs, a fund provider with over $16 billion in assets under management, has brought to market two new ETFs that give investors targeted exposure to companies and cryptocurrencies behind stablecoins and tokenized assets.

The Amplify Stablecoin Technology ETF (STBQ) offers exposure to payments companies, crypto infrastructure providers and platforms facilitating stablecoin-based trading.

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It tracks the MarketVector Stablecoin Technology Index, which includes equities and crypto assets such as DeFi protocols and stablecoin-adjacent tokens. Amplify’s website shows the fund currently has 24 holdings, the largest of which are spot crypto ETFs offering exposure to XRP, SOL, ETH, and LINK.

The Amplify Tokenization Technology ETF (TKNQ) focuses on businesses enabling the digitization of real-world assets and tracks the MarketVector Tokenization Technology Index.

TKNQ currently has 53 holdings, the largest of which are the same ETFs that offer exposure to spot cryptocurrency prices, along with several equities.

Both funds carry a 69 basis point total expense ratio and are now trading on NYSE Arca.

The timing of the offerings coincides with regulatory shifts. The U.S. GENIUS Act, signed in July, created a federal framework for stablecoins and also paved the way for institutions to settle tokenized assets using stablecoins by clarifying compliance and audit requirements.

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.