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INROON——Source: issuer documentation
INROON is a tokenized ETF issued by Ondo and available on Solana, Ethereum, and BNB Smart Chain. The token tracks the iShares U.S. Industry Rotation Active ETF (INRO), which is listed on Nasdaq.
Each INROON token tracks one INRO share, and the share amount per token is adjusted over time, such as when dividends are reinvested. Dividends from the underlying ETF are reinvested into the token rather than distributed as payouts. Eligible holders can mint and redeem INROON directly with the issuer after completing KYC requirements. The issuer operates under the jurisdiction of the British Virgin Islands.
Coinmico compares the price of INROON with the INRO price on Nasdaq and displays the difference as the premium. When Nasdaq is closed, the last closing price is used for comparison while the token continues to trade, which can cause the premium to fluctuate.
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.