What EWUX tracks
EWUX tracks iShares MSCI United Kingdom, a fund that holds stocks listed outside the United States. Its price is quoted in US dollars, so it moves with both the shares it holds and the exchange rate between the dollar and those shares' local currencies.
Many of the fund's holdings trade on exchanges in other time zones, so during US hours the fund's price partly reflects estimates of where those shares will trade next.
About UK ETF
iShares MSCI United Kingdom xStock
EWUX contract address
Ticker
Issuer
Status
How EWUX works
EWUX is issued by Backed Finance. Backed Finance issues xStocks through Backed Assets (JE) Limited, which holds the underlying securities with custodians and handles minting and redemption for eligible clients.
What you hold is the token, not the underlying asset. EWUX tracks the price of iShares MSCI United Kingdom, but it doesn't give you shareholder rights or a direct claim on the underlying holdings. Minting and redemption are handled by Backed Finance for eligible clients under its own terms. Solflare is a self-custody wallet for holding and swapping EWUX, and it does not issue, back, or custody the token.
The price of EWUX on Solana is set by on-chain trading. Where liquidity is deep, it tends to stay close to the underlying price. Where liquidity is thin, a small swap can move the price and the gap to the underlying can widen.
Distribution terms for EWUX are set by Backed Finance. Where the underlying fund pays distributions, issuers usually reflect them in the token rather than paying cash.
When can you trade EWUX?
EWUX can be swapped on Solana at any hour, but the fund it tracks trades only during US market hours. Outside those hours there's no live fund price, so the price of EWUX comes from on-chain trading alone and can drift from the fund's last close.
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| Rank | Tokenized by | Trading hours | Buy | |||
|---|---|---|---|---|---|---|
| 1 | iShares MSCI South Korea | $140.411 | 3.40% | Backed Finance | US market hours | |
| 2 | iShares MSCI South Korea ETF | $140.411 | 3.40% | Ondo | US market hours | |
| 3 | iShares MSCI EAFE ETF | $103.745 | 0.58% | Ondo | US market hours | |
| 4 | iShares Core MSCI EAFE ETF | $96.574 | 0.59% | Ondo | US market hours | |
| 5 | iShares MSCI Japan ETF | $90.965 | 1.08% | Ondo | US market hours | |
| 6 | Vanguard FTSE Europe ETF | $88.865 | 0.39% | Backed Finance | US market hours | |
| 7 | Vanguard Total International Stock ETF | $82.205 | 0.82% | Backed Finance | US market hours | |
| 8 | iShares Core MSCI Emerging Markets ETF | $73.545 | 1.26% | Ondo | US market hours | |
| 9 | iShares Core MSCI Emerging Markets ETF | $73.545 | 1.26% | Backed Finance | US market hours | |
| 10 | SPDR EURO STOXX 50 | $66.987 | 0.41% | Backed Finance | US market hours | |
| 11 | iShares MSCI Emerging Markets ETF | $60.359 | 1.37% | Ondo | US market hours | |
| 12 | iShares MSCI India ETF | $51.315 | 0.43% | Ondo | US market hours | |
| 13 | Global X DAX Germany | $45.665 | 0.13% | Backed Finance | US market hours | |
| 14 | iShares MSCI France | $43.827 | 0.21% | Backed Finance | US market hours | |
| 15 | iShares MSCI Germany | $42.815 | 0.31% | Backed Finance | US market hours | |
| 16 | iShares MSCI Chile ETF | $35.546 | 0.06% | Ondo | US market hours | |
| 17 | iShares China Large-Cap ETF | $33.345 | 0.69% | Ondo | US market hours | |
| 18 | iShares MSCI Brazil ETF | $32.234 | 1.14% | Ondo | US market hours | |
| 19 | Schwab International Equity ETF | $26.845 | 0.79% | Backed Finance | US market hours | |
| 20 | KraneShares CSI China Internet ETF | $22.805 | 0.78% | Ondo | US market hours |