FILTERED RESULTS
FILTERS
Ads Top
DARK MODE
CHART
MCap $2.9T +0.1%24h Vol $90.5B -42%Fear & Greed 71/100Alts Index 59/100
BTC.D 58.4% +0.1%Stable.D 9.2% 0%ETH.D 11.4% 0%Others.D 21.0% -0.1%
SOON$0.4521+32.17%•QNT$303.11+21.24%•NIGHT$0.0367+19.51%•TRAC$0.4470+18.97%•ZRO$1.750+12.38%•PUMP$0.00573618+12.15%•KSM$5.176+11.31%•NEAR$5.313+11.26%•PROM$6.409+8.7%•CAP$0.0625+8.6%•
LIT$3.920-11.26%•AI$0.1982-9.26%•BR$0.8281-8.92%•HBAR$0.1076-8.78%•ZAMA$0.0737-7.58%•SYRUP$0.2325-7.46%•XDC$0.0341-7.32%•CRO$0.0671-6.75%•2Z$0.0636-6.62%•LINK$14.359-6.48%•
Top movers 24h
    Filters
      Coins
      Sentiment
      Impact
      Search
      FILTERED RESULTS

        

      Upgrade your plan
      Dashboard

      SPYx Achieves $8.4 Million Market Cap Growth in Tokenized ETF Sector

      SPYx, a tokenized version of the SPDR S&P 500 ETF Trust, has experienced significant growth, adding approximately $8.4 million to its market capitalization over the past week. This surge positions SPYx as a leader in the tokenized exchange-traded fund (ETF) market, which now boasts a total market cap of around $639 million. SPYx's market cap is estimated to be between $67 million and $74 million, a notable achievement since its launch in June 2025.

      Operating on the Solana blockchain, SPYx offers investors a 1:1 economic exposure to the SPY ETF without the complexities of traditional brokerage accounts. Each SPYx token is backed by custodian-held shares of the underlying ETF, although it does not provide voting rights or cash dividends. The product is designed primarily for non-U.S. investors, allowing for 24/7 trading and eliminating barriers such as currency conversions and market-hour restrictions.

      The recent growth in SPYx's market cap is significant, as it reflects a strong demand for tokenized investment products. With between 63,000 and 77,000 token holders, SPYx has established a solid user base. Additionally, Kraken, the platform behind SPYx, has introduced yield vaults and lending pools for SPYx holders, further enhancing the product's appeal and liquidity. This innovative approach to tokenized equities may provide a competitive edge over traditional ETFs, particularly for international investors.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud