# Stablecoins and tokenisation ETFs

> ETFIQ covers 5 stablecoins and tokenisation ETFs. The largest are LEGR ($127m) and NODE ($53m); fees run 0.50% to 0.69%, as of Oct 23 to 26, 2026.

Data as of Oct 27, 2026. Rebuilt every trading night.

Data as of Oct 27, 2026 .

## Stablecoins and tokenisation ETFs

See every stablecoins and tokenisation ETF by what it holds, not by its name. Funds that hold the companies issuing stablecoins and moving real world assets onto a blockchain. 5 funds, largest first. Updated Oct 27, 2026. The typical fund carries 21% of its weight in S&P 500 stocks, the 35th most of the 53 themes with holdings on file.

5 US listed stablecoins and tokenisation ETFs

$127m The largest, LEGR

0.50% The cheapest, TCAN

+12.8% Best one year, LEGR

### The short answers

Least like the S&P 500 TCAN , 21Shares Canton Network ETF, 0.0% of its weight in S&P 500 companies. Closest pair STBQ and TKNQ , 34% of their weight in the same companies.

### What these funds actually own

Between them the 5 funds' ten largest holdings name 37 companies, of which 5 appear in more than one. Bitwise Solana Staking ETF is among the ten largest of 2 of them, at an average of 6.6% of the fund.

| Company | Among the ten largest of | Average weight where it is | Largest, and in which fund |
| --- | --- | --- | --- |
| Bitwise Solana Staking ETF BSOL | 2 of 5 | 6.6% | 6.8% in TKNQ |
| Grayscale Chainlink Trust ETF GLNK | 2 of 5 | 6.4% | 6.5% in TKNQ |
| iShares Ethereum Trust ETF ETHA | 2 of 5 | 6.3% | 6.4% in TKNQ |
| Bitwise XRP ETF XRP | 2 of 5 | 6.2% | 6.3% in TKNQ |
| BlackRock, Inc. BLK | 2 of 5 | 1.4% | 1.4% in TKNQ |
| 21Shares AG CANTN | 1 of 5 | 50.7% | 50.7% in TCAN |
| Canton Coin | 1 of 5 | 44.4% | 44.4% in TCAN |
| VanEck Bitcoin ETF HODL | 1 of 5 | 20.7% | 20.7% in NODE |
| Bitwise Hyperliquid ETF BHYP | 1 of 5 | 6.3% | 6.3% in TKNQ |
| Canary HBAR ETF HBR | 1 of 5 | 6.2% | 6.2% in TKNQ |
| Stablecoinx Inc USDE | 1 of 5 | 6.0% | 6.0% in STBQ |
| Figure Technology Solutions Inc FIGR | 1 of 5 | 5.7% | 5.7% in NODE |
| Hut 8 Corp HUT | 1 of 5 | 5.0% | 5.0% in NODE |
| Terawulf Inc WULF | 1 of 5 | 4.8% | 4.8% in NODE |
| Marqeta Inc MQ | 1 of 5 | 4.8% | 4.8% in STBQ |

The 15 most widely held of 37. Each row counts the ten largest holdings of each fund, so a fund missing from a row may still hold that company lower down. Weights are of the funds that name it, not of the theme.

### The 5 largest stablecoins and tokenisation ETFs

ETFIQ covers 5 stablecoins and tokenisation ETFs. The largest are LEGR ( $127m ), NODE ( $53m ) and TCAN ( $8.9m ); fees run 0.50% to 0.69% , as of Oct 23 to 26, 2026 .

- LEGR First Trust Indxx Innovative Transaction & Process ETF $127m 0.65%

- NODE VanEck Onchain Economy ETF $53m 0.67%

- TCAN 21Shares Canton Network ETF $8.9m 0.50%

- STBQ Amplify Stablecoin Technology Leaders ETF $2.1m 0.69%

- TKNQ Amplify Tokenization Technology Leaders ETF $1.2m 0.69%

| Ticker | Fund | Issuer | Net assets | In the S&P 500 | Active share | Total return 1Y | vs its benchmark 1Y | Fee |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| LEGR | First Trust Indxx Innovative Transaction & Process ETF | First Trust | $127m | 40.7% | 81.1% | +12.8% | −0.8 pts vs VOO | 0.65% |
| NODE | VanEck Onchain Economy ETF | VanEck | $53m | 9.7% | 98.5% | −30.2% | +9.8 pts vs DAPP | 0.67% |
| TCAN | 21Shares Canton Network ETF | 21Shares | $8.9m | 0.0% | 100.0% | first traded 173 days ago | · | 0.50% |
| STBQ | Amplify Stablecoin Technology Leaders ETF | Amplify | $2.1m | 20.8% | 98.3% | first traded 308 days ago | · | 0.69% |
| TKNQ | Amplify Tokenization Technology Leaders ETF | Amplify | $1.2m | 26.0% | 92.9% | first traded 308 days ago | · | 0.69% |

### How much of each pair is the same fund

The closest pair is STBQ and TKNQ , which hold 34% of their weight in the same companies. The furthest apart is TCAN and TKNQ at 0%. The middle pair of the 10 is 2%.

| | LEGR | NODE | TCAN | STBQ | TKNQ |
| --- | --- | --- | --- | --- | --- |
| LEGR | · | 2% | 0% | 3% | 19% |
| NODE | 2% | · | 0% | 12% | 8% |
| TCAN | 0% | 0% | · | 0% | 0% |
| STBQ | 3% | 12% | 0% | · | 34% |
| TKNQ | 19% | 8% | 0% | 34% | · |

Weight overlap adds the smaller of the two weights for every company both funds hold. Funds with a cut-short book are left out, not compared short.

### What each fund holds alone

| Fund | Largest holding it alone has | Weight | All of its own names |
| --- | --- | --- | --- |
| LEGR | Lockheed Martin Corporation LMT | 1.4% | 75.8% |
| NODE | VanEck Bitcoin ETF/US | 7.2% | 82.3% |
| TCAN | 21Shares AG CANTN | 50.7% | 95.2% |
| STBQ | Stablecoinx Inc USDE | 6.0% | 28.3% |
| TKNQ | Bitwise Hyperliquid ETF BHYP | 6.3% | 39.7% |

### Questions people ask

How many stablecoins and tokenisation ETFs are there? ETFIQ covers 5 US listed stablecoins and tokenisation ETFs as of Oct 27, 2026. That is every one it can measure from the fund’s own published holdings. What is the largest stablecoins and tokenisation ETF? LEGR , First Trust Indxx Innovative Transaction & Process ETF, at $127m in net assets as of Oct 26, 2026, the largest of the 5 stablecoins and tokenisation ETFs with a published size. What is the cheapest stablecoins and tokenisation ETF? TCAN , 21Shares Canton Network ETF, at 0.50% a year by its prospectus filed Apr 2, 2026, the lowest fee of the 5 stablecoins and tokenisation ETFs that publish one. Which stablecoins and tokenisation ETF has performed best over the past year? LEGR , First Trust Indxx Innovative Transaction & Process ETF, at +12.8% total return over the year to Oct 27, 2026, the highest of the 2 stablecoins and tokenisation ETFs with a full year of trading behind them. Past returns do not predict future ones. What do stablecoins and tokenisation ETFs hold? Funds that hold the companies issuing stablecoins and moving real world assets onto a blockchain. Between them the 5 stablecoins and tokenisation ETFs ETFIQ can read name 37 companies in their ten largest holdings, by holdings dated Jun 30, 2026 to Oct 26, 2026, most widely Bitwise Solana Staking ETF, which is among the ten largest of 2 of them. Do stablecoins and tokenisation ETFs hold the same companies? It depends which two. Across the 10 pairs of the 5 stablecoins and tokenisation ETFs with a full published book, by holdings dated Jun 30, 2026 to Oct 26, 2026, STBQ and TKNQ hold 34% of their weight in the same companies, TCAN and TKNQ hold 0%, and the middle pair holds 2%. Two funds sold on one theme are not the same fund.

### What the issuers say about this theme

The issuers behind these stablecoins and tokenisation funds publish their own work on this theme. These are their pages and words, not ETFIQ’s. A fund company writing about a theme it sells is making a case.

| Issuer | What they publish | Kind |
| --- | --- | --- |
| First Trust | First Trust Investment Insights | Their research index |
| VanEck | VanEck Insights | Their research index |
| Amplify | Amplify Insights | Their research index |

### Where to next

### Sources

Links are sources, not endorsements.

ETFIQ is an independent publisher and makes no recommendations. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, Stablecoins and tokenisation ETFs, data as of Oct 27, 2026. https://etfiq.com/themes/tokenisation
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/themes/tokenisation
