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Tokenized on Robinhood Chain
INDA
iShares MSCI India ETF. There are 2,518 of these tokens in existence, worth $120.3k between them. It trades.
Price
$47.77
24 hours
-0.26%
Volume, 24h
$3.8k
Tokens in existence
2,518
7 days
+3.93%
30 days
+0.34%
Range since listing
$41.76 – $372.5
What you would actually own
A token, not a share. It tracks the price of iShares MSCI India ETFstock, and it is a claim arranged by an issuer rather than an entry on the company's share register: no vote, no direct dividend entitlement, and a counterparty between you and the equity. The supply figure above is the honest measure of how large this actually is — 2,518 tokens is a different order of magnitude from the company's shares outstanding, and conflating the two is the most common mistake made about this market. The longer answer.
