Amplify ETFs launches ETFs focusing on stablecoins and tokenization

According to CoinDesk, Amplify ETFs has launched two new ETFs, providing investors with opportunities to invest in companies behind stablecoins and tokenized assets, as well as cryptocurrencies.

The two new ETFs are the Amplify Stablecoin Technology ETF (STBQ), which tracks the MarketVector Stablecoin Technology Index and holds 24 types of assets, primarily providing exposure to XRP, SOL, ETH, and LINK; and the Amplify Tokenized Technology ETF (TKNQ), which focuses on the digitization of physical assets, tracking the MarketVector Tokenized Technology Index and holding 53 types of assets.

Both funds are listed and traded on the NYSE Arca.