Key Highlights
- Amplify launches two exchange-traded funds (ETFs), STBQ and TKNQ, focused on stablecoins and tokenization.
- Unlike traditional thematic ETFs, these funds allocate 25–50% of their weight to crypto-linked assets (ETPs) alongside blue-chip financial equities.
- The launch targets a stablecoin sector processing $9 trillion annually and a tokenization market projected to reach up to $4 trillion by 2030.
Amplify, a digital asset manager, has introduced two new stablecoins and tokenization-based exchange-traded funds (ETFs), Amplify Stablecoin Technology ETF (STBQ) and Amplify Tokenization Technology ETF (TKNQ), to its portfolio in the rapidly expanding blockchain industry.
The Amplify Stablecoin Technology ETF (STBQ) and Amplify Tokenization Technology ETF (TKNQ) both began trading on the NYSE Arca on December 23, 2025.
Targeted exposure to emerging crypto trends
The STBQ ETF is designed to track companies generating revenue from payments technology, digital asset infrastructure, and trading platforms that support the stablecoin ecosystem.
It holds shares in firms such as Visa, Mastercard, PayPal, and Circle, alongside crypto ETFs from Grayscale, iShares, and Bitwise. Amplify wrote “stablecoins as the compliant backbone of digital finance,” citing regulations such as the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in the U.S. and the Markets in Crypto-Assets Regulation (MiCA) in Europe.
In the meantime, TKNQ focuses on businesses that are building tokenization products such as BlackRock, JPMorgan, Citigroup, Figure Technology Solutions, and Nasdaq.
Tokenization allows the representation of real-life assets, including equities, bonds, or real estate, as digital tokens on a blockchain. Analysts estimate that the tokenized assets may increase to more than $3.7 trillion to $4 trillion by 2030 due to institutional adoption and changing regulations.
Background and market context
These ETFs are launched at a time when there is a boom of blockchain-oriented investment products. In 2025, the U.S. regulators relaxed some of the crypto ETF requirements, enabling providers such as Amplify to launch more targeted ones.
Stablecoins have risen to the forefront in particular after the U.S. legislation provided institutions with the confidence to issue compliant digital assets, and tokenization has been on the rise as financial institutions consider how to digitalize traditional markets.
Christian Magoon, the CEO of Amplify ETFs, said, “We were early in recognizing the potential of blockchain-related technologies, and that experience informs how we approach the next wave of developments taking shape today.”
Possible investor implication
These ETFs provide investors with an opportunity to get exposure to major themes in the digital finance sector without owning cryptocurrencies. The capital is likely to capture the progress in the use of stablecoins, regulatory shifts, and institutional participation in tokenization.
Analysts point out that STBQ may experience an increase due to the fact that the volumes of the transactions with the stablecoins are only going to increase, and they are now estimated to be more than $9 trillion each year.
New trends and regulatory impact
Other companies have made similar steps in the wider market, introducing blockchain or crypto-oriented ETFs after the U.S. Securities and Exchange Commission made its regulatory stance clear.
These ETFs also offer investors controlled ways to engage in digital finance innovations and reduce part of the risks associated with direct crypto exposure.
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