Amplify launches two ETFs focused on stablecoins and tokenization

Amplify ETFs, which has $16 billion in assets under management, has launched two new exchange-traded funds focused on stablecoins and tokenized assets, CoinDesk reported. The first ETF, trading under the ticker STBQ, concentrates on stablecoin technology, while the second, TKNQ, focuses on tokenization technology. The STBQ ETF holds 24 assets, with its largest allocations in XRP, SOL, ETH, and LINK. The TKNQ ETF holds a total of 53 assets.