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About iShares Core S&P 500 ETF (Ondo Tokenized ETF)
Analysis of 30 Jul 2026iShares Core S&P 500 ETF (Ondo Tokenized ETF), or IVVon, is an Ondo Stocks token designed to provide the economic exposure of BlackRock's iShares Core S&P 500 ETF (IVV), including reinvested dividends net of applicable withholding tax. IVV seeks to track the S&P 500 and held 504 positions as of July 28, 2026; iShares reported $867.9 billion in net assets and a 0.03% expense ratio.
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IVVon is not an IVV share: Ondo describes its tokens as total-return trackers, so one token need not equal one underlying share and its price can diverge over time.
Ondo says the tokens are fully backed by the corresponding stock or ETF together with cash in transit, with holdings held at US-registered custodial broker-dealers. The product is available on Ethereum and BNB Chain, alongside Solana at the platform level, and is intended for eligible non-US investors.
