Techub News: The cryptocurrency ETF provider Amplify ETFs has launched the Amplify Stablecoin Technology ETF (STBQ) and the Amplify Tokenization Technology ETF (TKNQ). The Amplify Stablecoin Technology ETF (STBQ) aims to provide investors with targeted investments in innovative stocks and digital assets that drive the development of the stablecoin economy. STBQ focuses on companies and crypto assets that generate substantial revenue through payment technology, digital asset infrastructure, and trading platforms. STBQ seeks investment returns that are generally correlated with the total return performance of the MarketVector™ Stablecoin Technology Index (MVSTBQ) (before fees and expenses) and allocates 25-50% of its assets to crypto assets related to stablecoins and DeFi use cases upon rebalancing.
The Amplify Tokenization Technology ETF (TKNQ) aims to invest in companies and crypto assets that generate significant revenue, innovation, or infrastructure impact due to tokenization. This includes tokenization platforms, blockchain infrastructure providers, exchanges, custodians, brokers, and financial institutions dedicated to advancing the digitalization of real-world assets. TKNQ seeks to achieve investment returns that are approximately correlated with the total return performance of the MarketVector™ Tokenization Technology Index (MVTKNQ) before fees and expenses, which includes 25-50% crypto-related assets that must meet established market capitalization, investability, and liquidity thresholds upon rebalancing.