IAUON (Ondo Tokenized Gold ETF) Surges 83.9% in 24 Hours: Driven by Bitget Spot Listing

Volatility Brief

In the past 24 hours, IAUON's price surged from a low of $50 to a high of $91.93, currently quoted at $91.62, with a price fluctuation range of 83.9%. The 24-hour trading volume was approximately $3.07 million, a significant increase compared to before; net capital inflow to CEX was about $904,000 (with only $1,000 outflow). The market capitalization ranged from around $14.78 million to $16.2 million.

Analysis of the Cause of the Fluctuation

• Bitget officially listed the IAUON/USDT spot trading pair at 10:00 (UTC) on March 18, 2026, as part of the Ondo Finance expansion into tokenized stocks, ETFs, and precious metals (announced on March 17), directly increasing liquidity and triggering a buying surge.

• IAUON is the on-chain tokenized version of iShares Gold Trust (IAU), which tracks the price of gold. This listing enhances the exposure of RWA assets.

No significant on-chain whale activity was recorded within 24 hours.

Market Views and Outlook

The mainstream market sentiment is positive, with the Bitget listing being seen as a sign of mainstream adoption of RWA tokenized assets. Community discussions focus on the convenience of 24/7 trading for US stock/gold tokens (such as on X via Bitget's official account and reposts). Analysts warn that short-term volatility risks are high and advise watching gold price linkage, liquidity, and potential profit-taking; no new catalysts or corrections are evident.