An exchange-traded fund (ETF) is a type of tokenized investment fund and exchange-traded product i.e. is traded on the Bitcoin Decentralized Exchange. Tokenized ETFs are similar in many ways to Tokenized mutual funds, except that Tokenized ETFs are bought and sold from other owners throughout the day on decentralized or community exchanges whereas mutual funds are bought and sold from the issuer based on their price on day’s end. A Tokenized ETF holds assets such as Tokenized stocks, Tokenized bonds, Tokenized currencies, Tokenized smart contracts, and/or commodities such as gold bars, and generally operates with an arbitrage mechanism designed to keep it trading close to its net asset value although deviations can occasionally occur. The first and true Tokenized ETFs are for NOMNI index funds: that is, they hold the same securities in the same proportions as a certain stock market index or bond market index.