Amplify Launches Two Crypto ETFs Targeting Stablecoins and RWA Tokenization
Asset manager Amplify ETFs debuts STBQ and TKNQ on NYSE Arca, offering exposure to stablecoin infrastructure and tokenization technology sectors.
Amplify ETFs has launched two new funds targeting crypto infrastructure, signaling growing institutional appetite for blockchain technology beyond direct token exposure.
What Happened
On December 23, asset manager Amplify ETFs debuted two crypto-focused exchange-traded funds on NYSE Arca. The Amplify Stablecoin Technology ETF (STBQ) tracks the MarketVector Stablecoin Technology Index, holding 24 positions in payment companies, crypto infrastructure providers, and stablecoin-based trading platforms.
The Amplify Tokenization Technology ETF (TKNQ) follows the MarketVector Tokenization Technology Index with 53 holdings focused on businesses enabling the digitization of real-world assets. Both funds carry a 0.69% expense ratio and include exposure to spot crypto ETFs tracking XRP, SOL, ETH, and LINK.
Amplify ETFs manages over $16 billion in assets, making this launch a significant institutional endorsement of crypto infrastructure as an investable sector.
Why It Matters
These launches arrive at a pivotal moment for crypto regulation. The U.S. GENIUS Act, signed into law in July 2025, established a federal framework for stablecoins and clarified compliance requirements for tokenized asset settlement. This regulatory clarity has opened the door for traditional asset managers to build products around crypto infrastructure rather than just token price exposure.
The funds represent a broader trend of institutional diversification beyond Bitcoin and Ethereum. With spot crypto ETFs experiencing persistent outflows in recent weeks, products offering exposure to the underlying technology and infrastructure may attract capital seeking blockchain participation without direct token volatility.
What to Watch
Early trading volumes will indicate institutional appetite for this new asset class. The stablecoin sector in particular has drawn regulatory attention, with Circle and other issuers expanding under the GENIUS Act framework. Tokenization of real-world assets, from treasuries to real estate, is projected to become a multi-trillion dollar market by 2030 according to Boston Consulting Group estimates.
Key Takeaways
The launch of STBQ and TKNQ marks another step in crypto's maturation as an institutional asset class, offering regulated exposure to blockchain infrastructure beyond direct token holdings.
