Source: issuer documentation
IJHON is a tokenized ETF issued by Ondo, available on Solana, Ethereum, and BNB Smart Chain. This token represents exposure to the iShares Core S&P Mid-Cap ETF (IJH), which is listed on NYSE Arca.
Each IJHON token tracks one IJH share, though the share amount per token may be adjusted over time, such as when dividends are reinvested. Dividends from the underlying ETF are not paid out but are reinvested into the token. Eligible holders who complete KYC can mint and redeem tokens directly with the issuer. The issuer operates under the jurisdiction of the British Virgin Islands.
Coinmico compares the IJHON token price with the IJH price on NYSE Arca and displays the difference as the premium. When NYSE Arca is closed, Coinmico uses the last closing price while the token continues trading, which may affect the premium. IJHON is not the underlying ETF share itself, and holder rights depend on the issuer's terms.
Token prices come from Coinmico's index. No underlying reference quote is available for this asset. A tokenized asset is not the underlying instrument itself. This is not investment advice.