Key Takeaways
- Tokenized ETF market cap: $441.9M across 651 ETFs and 6 issuers.
- Global ETF market: approximately $20 trillion – tokenized share is 0.0022%.
- Ondo Finance: 74.9% issuer share, $330.9M.
- Ethereum: 72.6% chain share, $321.0M.
- Top three assets: IVVon ($67.3M), IBITon ($43.8M), SPYon ($41.7M).
The concentration at issuer and chain level
Token Terminal’s tokenized ETF data shows $441.9 million in total market cap across 651 tokenized ETFs, six issuers, and eight chains. Ondo Finance leads the issuer table at $330.9 million and 74.9% market share. xStocks sits second at $63.8 million and 14.4%. WisdomTree follows at $25....


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