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SPDR S&P 500 ETF tokenized stock FTX (SPY) is not tradable on Coinbase.

Data is sourced from third parties. We make no representation on the accuracy of the data provided. Learn more

SPDR S&P 500 ETF tokenized stock FTX logo

SPDR S&P 500 ETF tokenized stock FTX

SPY

About SPDR S&P 500 ETF tokenized stock FTX

SPDR S&P 500 ETF, also known as SPY, is a tokenized stock that runs on the FTX platform. SPDR (Spider) is an abbreviated name for Standard and Poor's depositary receipt, an exchange-traded fund (ETF). The ETF is managed by State Street Global Advisors that keeps track of the Standard & Poor's 500 indexes (S&P 500). An exchange-traded fund or ETF keeps track of multiple stocks within an index or industry. 

SPY was the first index ETF or exchange-traded fund, and this index fully imitates at a price target of 10 ten of the S&P 500. With SPY, traders can diversify the equity market without trading multiple stocks. By holding SPDR S&P 500 ETF stocks, users are entitled to dividends of the underlying stocks. The SPY consists of assets that allocate its holdings across multiple sectors.

Tokenized stocks are equities that are traded on traditionally regulated stock exchanges. Canco GmbH (FTX Switzerland) has been authorized to provide brokerage services for tokenized stock trading. All the users who trade on tokenized stocks can also become customers of Canco GmbH by completing a simple procedure. The procedure to become a customer is to complete the KYC and other compliances. Furthermore, the platform can monitor all trading activity of the users.

To trade tokenized stocks on the platform, users need to complete the KYC level. Users need to provide the KYC documents and IP addresses in the platform. In addition, users who want to trade using tokenized stocks need to pass a test. Mechanically, the tokenized stock is just similar to spot markets. Even the transaction charges, API calls, and GUI instructions are all the same.

The SPY was first established in the year 1993.

Market

Market stats

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Market cap

Not enough data

Volume (24h)

Not enough data

Circulating supply

Not enough data

All time high

Not enough data

Market performance

Price change (1h)

+100%

Price change (1d)

+100%

Price change (1w)

+100%

Price change (2w)

Not enough data

Price change (1m)

+100%

Price change (1y)

+100%

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SPDR S&P 500 ETF tokenized stock FTX is on the rise this week.

The price of SPDR S&P 500 ETF tokenized stock FTX has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. SPDR S&P 500 ETF tokenized stock FTX’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of SPDR S&P 500 ETF tokenized stock FTX?

We update our SPDR S&P 500 ETF tokenized stock FTX to USD currency in real-time. Get the live price of SPDR S&P 500 ETF tokenized stock FTX on Coinbase.

What other assets are similar to SPDR S&P 500 ETF tokenized stock FTX?

Assets that have a similar market cap to SPDR S&P 500 ETF tokenized stock FTX include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

Can I buy SPDR S&P 500 ETF tokenized stock FTX on Coinbase?

No, SPDR S&P 500 ETF tokenized stock FTX is not currently available on Coinbase, but you can sign up to get the latest news on SPDR S&P 500 ETF tokenized stock FTX and be notified when it gets added to our exchange.