Amplify’s STBQ and TKNQ ETFs Launch on NYSE Arca: A New Gateway for Crypto Exposure

Wall Street just carved another on-ramp to the crypto universe. Amplify ETFs has launched two new funds—STBQ and TKNQ—directly onto the NYSE Arca exchange, bypassing traditional gatekeepers and offering a fresh, regulated path for institutional and retail capital.

The Mechanics of Access

These aren't your grandpa's index funds. The ETFs are designed to track the performance of specific digital asset sectors, giving investors targeted exposure without the headaches of self-custody or navigating unregulated offshore exchanges. It's a structured bet on crypto's infrastructure, wrapped in the familiar, comfortable paperwork of a traditional security.

Why This Launch Matters Now

The timing isn't accidental. As regulatory frameworks slowly take shape, products like these act as a bridge, channeling mainstream liquidity into the digital asset ecosystem. They legitimize the space for a whole class of investors who've been watching from the sidelines, their checkbooks ready but their compliance departments wary.

A Calculated Move in a Volatile Arena

Launching on NYSE Arca signals more than just availability; it's a statement of intent. It places these crypto-adjacent products squarely in the heart of the traditional financial system, demanding they be taken seriously by the very incumbents they aim to disrupt. It's a savvy play for credibility in a market that still thrives on speculation.

For all the talk of decentralization, the money still flows where the familiar ticker symbols are—another reminder that in finance, the packaging often matters as much as the product inside.

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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