Answers · Tokenized stocks

Which ETFs — like the S&P 500 or Nasdaq-100 — can I already buy as a token?

Short answer

187 ETFs in our data exist as at least one token. The most versions: Nasdaq-100 (QQQ): 5, S&P 500 (SPY): 5, TQQQ (TQQQ): 5. Versions of the same security differ in issuer, legal structure, chain and target market.

Tokenized ETFs track a listed fund such as SPY or QQQ. As with stocks, several issuers can offer the same ETF, with different structures and target markets.

Figures from our live dataset · page generated 2026-10-11 · not investment advice

SecurityToken versionsIssuers
Nasdaq-100QQQ5Backed / Kraken (xStocks), Ondo Global Markets (BVI), bStocks, Dinari, Anchored Finance (aStock)
S&P 500SPY5Backed / Kraken (xStocks), Remora Markets, Ondo Global Markets (BVI), Anchored Finance (aStock), Dinari
TQQQTQQQ5Dinari, Ondo Global Markets (BVI), bStocks, Anchored Finance (aStock), Backed / Kraken (xStocks)
Direxion Semiconductor Bull 3XSOXL4Ondo Global Markets (BVI), Dinari, Anchored Finance (aStock), Backed / Kraken (xStocks)
Global X Uranium ETFURA4Dinari, Ondo Global Markets (BVI), Backed / Kraken (xStocks), Anchored Finance (aStock)
iShares MSCI South KoreaEWY4Ondo Global Markets (BVI), Anchored Finance (aStock), Robinhood Chain, Backed / Kraken (xStocks)
VanEck Semiconductor ETFSMH4Dinari, bStocks, Backed / Kraken (xStocks), Anchored Finance (aStock)
Global X Copper MinersCOPX3Dinari, Ondo Global Markets (BVI), Backed / Kraken (xStocks)
iShares SemiconductorSOXX3Dinari, Ondo Global Markets (BVI), Backed / Kraken (xStocks)
iShares U.S. Aerospace & Defense ETFITA3Dinari, Backed / Kraken (xStocks), Ondo Global Markets (BVI)
ProShares UltraPro Short QQQSQQQ3Dinari, Ondo Global Markets (BVI), Anchored Finance (aStock)
RoboStrategyBOT3Backpack Securities, Ondo Global Markets (BVI), Backed / Kraken (xStocks)
Roundhill Memory ETFDRAM3Dinari, Ondo Global Markets (BVI), bStocks
Russell 2000IWM3Backed / Kraken (xStocks), Dinari, Ondo Global Markets (BVI)
VanguardVTI3Robinhood Chain, Ondo Global Markets (BVI), Backed / Kraken (xStocks)
2x Bitcoin ETFBITX2Dinari, Backed / Kraken (xStocks)
Core MSCI Emerging MarketsIEMG2Backed / Kraken (xStocks), Ondo Global Markets (BVI)
Defiance Quantum ETFQTUM2Ondo Global Markets (BVI), Anchored Finance (aStock)
Direxion Daily Semi Bear 3X ETFSOXS2Ondo Global Markets (BVI), Dinari
Fundrise Innovation FundVCX2Ondo Global Markets (BVI), Backed / Kraken (xStocks)
Global X Defense Tech ETFSHLD2Dinari, Ondo Global Markets (BVI)
Global X Robotics & Artificial Intelligence ETFBOTZ2Dinari, Ondo Global Markets (BVI)
iShares Bitcoin Trust ETFIBIT2Ondo Global Markets (BVI), Dinari
iShares Ethereum Trust ETFETHA2Ondo Global Markets (BVI), Dinari
iShares MSCI Emerging Markets ETFEEM2Dinari, Ondo Global Markets (BVI)
iShares MSCI India ETFINDA2Ondo Global Markets (BVI), Robinhood Chain
KraneShares CSI China Internet ETFKWEB2Dinari, Ondo Global Markets (BVI)
SPDR S&P Oil & Gas Exploration & Production ETFXOP2Backed / Kraken (xStocks), Dinari
VanEck Gold MinersGDX2Anchored Finance (aStock), Backed / Kraken (xStocks)
VanEck Rare Earth and Strategic Metals ETFREMX2Dinari, Ondo Global Markets (BVI)

How to choose

A tokenized ETF stacks two layers: the fund, and the token wrapper around it. Check whether the token is backed by ETF shares held with a custodian or only tracks the price, and whether the fund’s distributions reach you. For broad index exposure, liquidity on your venue usually matters more than which issuer you pick.

More questions

Which issuers cover the most of these ETFs?

Among the 30 shown here: Ondo Global Markets (BVI) (26), Dinari (22), Backed / Kraken (xStocks) (18), Anchored Finance (aStock) (10).

Are the different versions interchangeable?

No. They follow the same price but are separate products: different issuer, legal structure, chain, rights and target market. A token from one issuer cannot be redeemed with another, and they trade in separate markets at separate prices.

Which ETF has the most versions?

Nasdaq-100 (QQQ), with 5 token versions from 5 issuers.

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