iShares US Industry Rotation Active ETF (Ondo Tokenized)

INROON Price

About iShares US Industry Rotation Active ETF (Ondo Tokenized) (INROon)

INROon is a tokenized representation of the iShares U.S. Industry Rotation Active ETF, designed to provide non-US investors with on-chain exposure to traditional equity markets.

• The token functions as a total-return tracker, mirroring the price performance and reinvested dividends of the underlying INRO ETF.
• Issued by Ondo Global Markets, the asset utilizes a bankruptcy-remote legal structure and is backed 1:1 by the corresponding ETF and cash reserves.
• INROon is natively transferable and compatible with decentralized finance protocols, enabling its use as collateral or for cross-border value transfer.

What Is iShares US Industry Rotation Active ETF (Ondo Tokenized)

The iShares US Industry Rotation Active ETF (Ondo Tokenized), designated by the ticker INROon, is a digital asset that bridges traditional public securities with blockchain infrastructure. It is specifically designed to give holders economic exposure similar to owning the iShares U.S. Industry Rotation Active ETF (INRO) while maintaining the benefits of on-chain assets.

Value moves through the system via a minting and redemption process that connects the token supply to the underlying securities held in traditional brokerage accounts. Users "put the token to work" by holding it for economic exposure to the ETF's performance or by integrating it into application-specific ecosystems. As a total-return tracker, INROon incorporates reinvested dividends (net of withholding taxes) into the token's value, ensuring that it reflects the full economic performance of the underlying asset over time. This model scales as more traditional securities are brought on-chain, creating a broader ecosystem of tokenized assets for global users.

What Makes iShares US Industry Rotation Active ETF (Ondo Tokenized) Unique

• 24/5 Minting and Redemption: Unlike traditional ETFs that trade during market hours, INROon can be minted or redeemed through the Ondo platform 24 hours a day, five days a week.
• Total-Return Tracking: The token is designed to reflect both price movements and reinvested dividends, providing a comprehensive exposure to the underlying ETF's performance.
• Institutional-Grade Security: The platform employs an independent verification agent to review asset backing daily and a security agent to protect token holder interests.
• Bankruptcy-Remote Structure: The tokens are issued using legal practices designed to protect investors by ensuring the assets are legally separated from the issuer's balance sheet.

What Can You Use iShares US Industry Rotation Active ETF (Ondo Tokenized) for?

• Equity Exposure: Users can gain economic exposure to the US industry rotation strategy without needing a traditional brokerage account, provided they are outside the US.
• Collateralization: As a transferable token, INROon can be used as collateral within supported Decentralized Finance (DeFi) lending and borrowing protocols.
• Cross-Border Settlement: The token enables the frictionless transfer of value representing US ETF holdings across different blockchain networks and jurisdictions.
• Portfolio Diversification: It allows on-chain portfolios to diversify into traditional equity sectors using a blockchain-native interface.

How Does iShares US Industry Rotation Active ETF (Ondo Tokenized) Work?

INROon operates through a tokenization process where the issuer, Ondo Global Markets (BVI) Limited, purchases the underlying iShares ETF and holds it in custody with US-registered broker-dealers. When a user mints the token, the smart contract issues INROon tokens equivalent to the value of the deposited stablecoins or USD used to purchase the ETF shares.

The mechanism relies on a 1:1 backing where each token represents a specific interest in the underlying pool of securities. An independent verification agent performs daily reviews to ensure that the circulating supply of tokens matches the assets held in custody. Because INROon is an application utility token built on networks like Ethereum and Solana, users pay protocol service fees or network fees in the native currency of the underlying blockchain to execute transactions.

Team Info and Investors

INROon is a product of Ondo Finance, a firm that focuses on institutional-grade Real World Assets (RWA). The team includes veterans from major financial institutions such as Goldman Sachs, Circle, and Invesco. Ondo Finance has secured backing from prominent investors and partners including Morpho, Gauntlet, and Ledger. The governance and operational oversight are handled by Ondo Global Markets (BVI) Limited, which ensures compliance with the legal frameworks necessary for tokenized securities.

Where can you buy iShares US Industry Rotation Active ETF (Ondo Tokenized)?

INROON tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade iShares US Industry Rotation Active ETF (Ondo Tokenized) is Ondo Stocks, where the most active trading pair INROON/USDON has a trading volume of $253.18 in the last 24 hours.

What is the daily trading volume of iShares US Industry Rotation Active ETF (Ondo Tokenized) (INROON)?

The trading volume of iShares US Industry Rotation Active ETF (Ondo Tokenized) (INROON) is $253.18 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for iShares US Industry Rotation Active ETF (Ondo Tokenized) (INROON)?

iShares US Industry Rotation Active ETF (Ondo Tokenized) (INROON) reached an all-time high of $38.58 and an all-time low of $34.46. It’s now trading -6.70% below that peak and 4.50% above its lowest price.

What is the market cap of iShares US Industry Rotation Active ETF (Ondo Tokenized) (INROON)?

Market capitalization of iShares US Industry Rotation Active ETF (Ondo Tokenized) (INROON) is $3,415,383 and is ranked #1964 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of INROON tokens (95 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of iShares US Industry Rotation Active ETF (Ondo Tokenized) (INROON)?

The fully diluted valuation (FDV) of iShares US Industry Rotation Active ETF (Ondo Tokenized) (INROON) is $3,415,383. This is a statistical representation of the maximum market cap, assuming total number of 95 Thousand ETH tokens are in circulation today.

How does the price performance of iShares US Industry Rotation Active ETF (Ondo Tokenized) compare against its peers?

With a price decline of -2.10% in the last 7 days, iShares US Industry Rotation Active ETF (Ondo Tokenized) (INROON) is outperforming the global cryptocurrency market which is down -4.20%, while underperforming when compared to similar Real World Assets (RWA) cryptocurrencies which are down -1.80%.

How to add iShares US Industry Rotation Active ETF (Ondo Tokenized) (INROON) to MetaMask?

Adding iShares US Industry Rotation Active ETF (Ondo Tokenized) (INROON) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import INROON as a token. You can copy INROON’s contract address (0xcafc59d86fad601ea321c44439fe9d5b8f02ef0f) and import it manually, or if you've installed MetaMask's chrome extension, add INROON to MetaMask with one click on CoinGecko.

Add INROON to MetaMask.