Question 1

What backs SHY?

Accepted Answer

SHY (iShares 1-3 Year Treasury Bond ETF • Robinhood Token) is backed by Tokenized exchange-traded funds (ETFs).

Question 2

Can I trade SHY 24/7?

Accepted Answer

Yes — SHY trades on-chain 24/7/365, including weekends when traditional markets are closed.

Question 3

Is SHY permissionless to buy?

Accepted Answer

Partly — SHY trades permissionlessly on secondary DEX pools, but minting or redeeming directly with the issuer requires KYC / accredited-investor eligibility.