Price change (24h):
0.51%
High (24h):
$215.32
Low (24h):
$211.44
Volume (24h):
$58.77K
Market Cap:
$5.22M
All Time High:
4.20% $220.70
May 12, 2026
All Time Low:
25% $169.10
Nov 21, 2025
IShares Russell 2000 Value ETF (Ondo Tokenized ETF)
IWNON0.00 %(1Y)
$211.1
About IShares Russell 2000 Value ETF (Ondo Tokenized ETF)
iShares Russell 2000 Value Tokenized ETF (Ondo), trading under the ticker IWNon, is a cryptocurrency representing tokenized shares of the iShares Russell 2000 Value ETF. The asset sits squarely within the real-world asset (RWA) tokenization sector, bridging legacy equity markets with permissionless blockchain infrastructure.
The token grants holders economic exposure equivalent to owning the underlying IWN exchange-traded fund, inclusive of reinvested dividends, without requiring a traditional brokerage account. Ondo Finance structures the product to allow non-U.S. retail and institutional participants to mint and redeem tokenized U.S. equities and ETFs around the clock, five days per week, leveraging traditional exchange liquidity via an on-chain mechanism. No need for a U.S. brokerage or adherence to local market hours disrupts the status quo.
The token operates on the Ethereum network as an ERC-20 asset, while additional wrapped versions exist on Solana and BNB Smart Chain, extending cross-chain accessibility. Ondo’s tokenization engine manages minting and redemption, collateralizing each token with shares of the actual ETF held with regulated custodians.
Each IWNon token conforms to the ERC-20 standard on Ethereum, with corresponding SPL and BEP-20 implementations on Solana and BNB Chain respectively. Minting requires delivery of the underlying ETF shares to Ondo’s custodian, after which an equivalent amount of on-chain tokens is issued; redemption reverses this flow. The system processes transactions and manages dividend accrual programmatically, embedding the income stream into the token’s net asset value.
Ondo Finance developed the tokenized ETF as an extension of its Global Markets platform, a product line designed to grant worldwide access to U.S. securities through tokenization. The platform leverages regulatory-compliant structures to fractionalize traditional assets, with IWNon emerging as part of a broader suite that includes tokenized fixed-income and other equity products. No precise launch date is specified beyond a quiet rollout driven by demand for borderless asset exposure.
The project aspires to erase the jurisdictional and infrastructural barriers that segregate capital markets, connecting DeFi liquidity with yield-bearing real-world instruments. This composability allows tokenized securities to function as collateral within automated lending protocols, reducing reliance on centralized intermediaries. By standardizing exposure to a basket of small-cap U.S. value equities, the token imports a traditionally complex asset class into a globally accessible digital format.
Within the Ondo ecosystem, IWNon serves as a precise on-chain record of ownership, its supply expanding and contracting strictly in tandem with deposits and withdrawals of the underlying IWN shares. The token does not confer voting rights or governance power; it is a pure pass-through vehicle. Dividend distributions from the ETF are automatically reinvested, so the per-token value accrual reflects both capital appreciation and the compounded yield of the underlying portfolio.
Institutional arbitrage desks monitor the on-chain price against the official net asset value, minting tokens when a premium appears and redeeming when a discount emerges—profiting from market inefficiencies while tightening the peg. DeFi money markets accept the token as collateral for stablecoin loans, enabling levered exposure to U.S. small-cap value equities without liquidating the position. Individual investors outside U.S. borders purchase the token through decentralized exchanges to gain economic exposure previously inaccessible due to brokerage restrictions.
iShares Russell 2000 Value Tokenized ETF (Ondo) has a total supply of 24,674.03 tokens. Currently, 24,674.03 are in circulation. With a market capitalization of $5,132,725, iShares Russell 2000 Value Tokenized ETF (Ondo) ranks #1,625 among all cryptocurrencies.
IShares Russell 2000 Value ETF (Ondo Tokenized ETF) Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 11/06/2026 | $213.17 | $213.21 | $214.11 | $211.82 |
| 10/06/2026 | $213.90 | $213.17 | $215.32 | $211.51 |
| 09/06/2026 | $213.99 | $213.41 | $216.59 | $211.37 |
| 08/06/2026 | $211.30 | $213.84 | $214.40 | $207.03 |
| 07/06/2026 | $211.22 | $211.30 | $212.30 | $211.00 |
| 06/06/2026 | $211.84 | $211.64 | $212.27 | $210.98 |
| 05/06/2026 | $216.66 | $211.49 | $220.59 | $210.99 |
| 04/06/2026 | $215.29 | $216.55 | $216.83 | $209.52 |
Why is manual trading IShares Russell 2000 Value ETF (Ondo Tokenized ETF) a bad idea?
Manual iwnon trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
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Zero-emotion algorithm Disciplined strategy
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Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
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2015
year of company foundation
FAQ
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IShares Russell 2000 Value ETF (Ondo Tokenized ETF) (IWNON) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live IWNON price, market cap, and 24-hour trading volume at the top of this page.
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The current price of IShares Russell 2000 Value ETF (Ondo Tokenized ETF) (IWNON) is $211.1. Over the last 24 hours, it has moved -0.51%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy IShares Russell 2000 Value ETF (Ondo Tokenized ETF) on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your IWNON investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
IShares Russell 2000 Value ETF (Ondo Tokenized ETF)'s price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - IWNON can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
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We can’t provide investment advice. Whether IShares Russell 2000 Value ETF (Ondo Tokenized ETF) is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. IWNON can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
