Tokenized market cap
$9.45B
Tokenized ETFs
Tokenized exchange-traded funds, with each fund’s wrappers combined into a single onchain figure.
Tokenized 24h volume
$1.16B
86.31%
Market leaders
Gold
$5.98B
Circle Internet Group
$348.89M
Strategy
$228.67M
Top tokenized gainers
SpaceX (Pre-IPO)
16.25%
RoboStrategy
10.63%
MercadoLibre
9.38%
Tokenized real-world assets by market cap
# | 7d trend | ||||||||
|---|---|---|---|---|---|---|---|---|---|
What is a tokenized ETF?
A tokenized ETF is a token that references a share in an exchange-traded fund, so a single position can carry exposure to a whole index or sector. The issuer holds the fund shares and mints tokens against them; the fund itself keeps operating normally, rebalancing and charging its expense ratio off-chain. What changes is the wrapper — the position transfers onchain, in fractions, at any hour. Distributions are the main thing to check, because funds that pay income handle it differently once tokenized. CoinStats combines every wrapper of a fund into one row, so the market cap shown is the total onchain exposure to that ETF rather than one issuer’s product.
A view of the tokenized market
CoinStats aggregates CoinGecko's RWA market data every five minutes. Values represent the combined onchain tokens associated with a real-world asset, are stored in USD, and are converted to your selected currency for display.
Tokenized does not mean risk-free
RWA tokens can carry issuer, custody, smart-contract, liquidity, regulatory, and redemption risks. Token prices may differ from the underlying asset and availability can vary by jurisdiction.
RWA market FAQ
What happens to a tokenized ETF's distributions?
It depends on the issuer and on whether the underlying fund accumulates or distributes. Accumulating funds reinvest income, so nothing needs to be passed through. For distributing funds, some issuers pay the cash value out to token holders and others reflect it in the token’s reference price.
Does a tokenized ETF still charge a management fee?
Yes. The underlying fund’s expense ratio still applies and is reflected in the share price the token references. Issuers may add their own minting, redemption or custody fees on top, so the all-in cost of holding the token can be higher than holding the ETF directly.
Can a tokenized ETF be held in any wallet?
Technically the token moves like any other token on its chain, but many tokenized funds enforce transfer restrictions at the contract level — allowlisted addresses, verified holders, or blocks on certain jurisdictions. Check the issuer’s rules before assuming a token can be moved or sold freely.
