Amplify launches ETF funds for stablecoins and tokenization in response to new regulatory framework

The signing of the US GENIUS Law in July 2025 opened a new chapter for the institutional cryptocurrency market. This federal regulatory milestone created the necessary conditions for institutions to operationalize the settlement of tokenized assets using stablecoins in a compliant manner. Amplify ETFs, an asset manager with over US$ 16 billion in assets under management, responded quickly to this opportunity by launching two new ETF funds that precisely capture these two emerging megatrends in the crypto market.

STBQ: targeted exposure to the stablecoin universe

The Amplify Stablecoin Technology ETF (STBQ) offers investors an entry point into the expanding stablecoin ecosystem. The fund tracks the MarketVector Stablecoin Technology Index, which includes both traditional payment companies and crypto infrastructure providers and platforms that enable stablecoin-based transactions.

The current portfolio of STBQ holds 24 positions, mostly represented by spot cryptocurrency ETFs that provide exposure to XRP (traded at $1.60), SOL ($102.19), ETH ($2.39K), and LINK ($9.66). These allocations reflect the growing importance of DeFi protocols and tokens related to the stablecoin ecosystem within this market segment.

TKNQ: access to the tokenized assets market

The Amplify Tokenization Technology ETF (TKNQ) targets companies leading the digitization of real-world assets. Its benchmark index, the MarketVector Tokenization Technology Index, tracks companies that enable the integration between the traditional economy and the token economy.

TKNQ’s structure is more diversified, comprising 53 assets in its portfolio. In addition to spot cryptocurrency ETFs (XRP, SOL, ETH, and LINK at the same price levels as STBQ), the fund includes multiple shares of companies building tokenization infrastructure. This diversification provides investors with a broader exposure to the theme.

Structure and fees of the new ETF funds

Both ETF funds are structured with a total expense ratio of 69 basis points, positioning them competitively in the crypto-themed product market. Both are now trading on NYSE Arca, consolidating the presence of specialized crypto products on major US trading platforms.

The perfect timing: GENIUS Law as a catalyst

The convergence between the launch of these ETF funds and the approval of the GENIUS Law is no coincidence. With the new regulatory milestone clarifying compliance and audit requirements for the settlement of tokenized assets in stablecoins, the institutional market finally has regulatory certainty to expand its operations. These ETF funds arrive precisely when demand for investable instruments in these two categories peaks.

Amplify’s strategy reflects a keen understanding of short- and medium-term trends: it not only capitalizes on the opportunities created by the GENIUS Law but also anticipates the growing integration between the crypto world and traditional finance through tokenization. The new ETF funds signal that the sector is mature enough to offer sophisticated tools to investors seeking to position themselves in these emerging narratives.