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iShares U.S. Aerospace & Defense ETF (ITAX) price

Market closed. The market behind ITAX reopens at , and ITAX can still be swapped on Solana.

$209.708
down2.14%

iShares U.S. Aerospace & Defense ETF price chart

XsXoAR52Q2NYFkYiNqhCq4FauvyA1tdRsrmEYNf9fuh

What ITAX tracks

ITAX tracks iShares U.S. Aerospace & Defense ETF, a fund that holds companies from one industry or theme. Its price follows the fund's share price, which moves with the fortunes of that sector.

Because the fund's holdings share the same industry risks, it tends to swing more than a broad index fund and can lead or lag the wider market for long stretches.

About iShares US Aerospace & Defense

iShares US Aerospace & Defense (ITAX) is issued by xStocks and trades on the Solana blockchain. iShares US Aerospace & Defense is verified on Solana's token registry. The price, 24-hour volume and liquidity shown here update live from trading on Solana DEXes.

ITAX contract address

XsXoAR52Q2NYFkYiNqhCq4FauvyA1tdRsrmEYNf9fuh

Ticker

ITAX

Issuer

xStocks

Status

Verified

How ITAX works

ITAX 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. ITAX tracks the price of iShares U.S. Aerospace & Defense ETF, 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 ITAX, and it does not issue, back, or custody the token.

The price of ITAX 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.

The asset behind ITAX doesn't pay distributions, so the value of ITAX reflects price movement alone.

When can you trade ITAX?

ITAX 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 ITAX comes from on-chain trading alone and can drift from the fund's last close.

Related markets

Other tokens tracking iShares U.S. Aerospace & Defense ETF

RankTokenized byTrading hoursBuy
1iShares U.S. Aerospace & Defense ETFITAON$71.0551.99%OndoUS market hours

FAQ

ITAX FAQ

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What is ITAX?

ITAX is a token on Solana that tracks the price of iShares U.S. Aerospace & Defense ETF. It's issued by Backed Finance, not by Solflare, and gives you price exposure to the underlying ETF without making you a holder of it. You can hold and swap ITAX in a self-custody wallet such as Solflare.

Prices are volatile and can fall as well as rise. ITAX is issued by Backed Finance and gives price exposure to iShares U.S. Aerospace & Defense ETF, not fund shares, shareholder rights, or a claim on the fund's holdings; redemption terms are set by the issuer. Liquidity can be thin, which widens spreads and can move the price on small swaps, especially outside US market hours. Availability varies by jurisdiction. Solflare is a wallet interface and does not issue, back, or custody this token. Nothing here is financial advice.