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Tokenized on Robinhood Chain
SOXX
iShares Semiconductor ETF. There are 138 of these tokens in existence, worth $68.9k between them. It trades.
Price
$500.63
24 hours
-1.63%
Volume, 24h
$26.6k
Tokens in existence
138
7 days
-10.48%
30 days
-1.62%
Range since listing
$468.79 – $1,692.65
What you would actually own
A token, not a share. It tracks the price of iShares Semiconductor 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 — 138 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.
