Tokenized ETF Market Sees Significant Growth and Popularity
The tokenized ETF market continues to grow in value and popularity. According to CoinGecko's list of top tokenized ETFs by market capitalization, several well-known funds are leading the pack.
At the top is the SPDR S&P 500 ETF Trust (SPY) with a tokenized market cap of $100,349,887. The iShares Core S&P 500 ETF (IVV) follows closely behind with a tokenized market cap of $69,873,240.
The Invesco QQQ ETF (QQQ), which tracks the Nasdaq-100 Index, has a tokenized market cap of $68,285,549. The iShares Bitcoin Trust (IBIT) is also notable, with a tokenized market cap of $51,006,916 and a 7-day price increase of 14.8%.
Other funds on the list include the iShares Silver Trust (SLV), which has seen its tokenized market cap rise by 2.3%, and the Invesco QQQ ETF (QQQ) with a 1.6% gain in the last 30 days.