Tokenized ETF Market Surges 826% in One Year
The tokenized ETF market has seen explosive growth over the past year, surging by 826% to reach a market cap of $611.5 million. According to data from Token Terminal as of August 16, 2026, this represents a nine-fold increase in just twelve months.
Ethereum holds the largest share of issuance, followed closely by BNB Chain and Solana. On the issuer side, Ondo Finance has contributed $167.4 million year-to-date, making it the leading platform in this market. Binance's bStocks and xStocks products also show strong growth.
The underlying assets for these tokenized ETFs are traditional equities, such as those tracked by the S&P 500, but the tokens themselves exist on blockchain platforms and can be held in crypto wallets. This allows for faster settlement times and potentially more flexible use cases.