Skip to content
StockAccess
United States · SPY

Can you buy the S&P 500 as a token in the United States?

Short answer: no. SPYx, the token sold on Pump.fun and Kraken, isn't offered to people living in the United States. Here's why, and what you can do instead.

Updated

Why you can't buy it here

xStocks, the stock tokens sold on Pump.fun and Kraken, aren't offered to people living in the United States, so we don't list them here.

What you can do instead

  • You don't need a token. SPY trades at any SEC-registered US broker, along with similar S&P 500 funds such as VOO and IVV.
  • Look a broker up on FINRA's free BrokerCheck before you sign up.

About the S&P 500

The S&P 500 is an index of about 500 of the biggest US listed companies, from Apple and Nvidia to banks and supermarkets. SPY, run by State Street, is the oldest US fund that tracks it, so one share gives you a small slice of all of them.

Other ways to get exposure to the S&P 500

Good to know in the United States

  • The upside of living in the US: you can buy real US shares at any SEC-registered broker, with full shareholder rights, so you don't need tokens at all.
  • FINRA's free BrokerCheck tool lets you look up a broker before you sign up.
  • Gains may be taxable. A local tax adviser can tell you how.

Who regulates this

Full guide for the United States

Questions people ask

Can I buy SPYx in the United States?

No. xStocks, the stock tokens sold on Pump.fun and Kraken, aren't offered to people living in the United States, so we don't list them here.

Can I use a VPN to get around it?

Please don't. Getting around location blocks, sanctions or ID checks breaks the app's rules, can get your money frozen, and may be illegal.

What can I do instead?

You don't need a token. SPY trades at any SEC-registered US broker, along with similar S&P 500 funds such as VOO and IVV.

Other stocks in the United States

Buying the S&P 500 from somewhere else?

Sources (12)
  1. 1.
    SPDR S&P 500 ETF Trust (SPY) fund page

    State Street Global Advisors · official

  2. 2.
    S&P 500 index page

    S&P Dow Jones Indices · official

  3. 3.
  4. 4.
    U.S. Securities and Exchange Commission (SEC)

    U.S. Securities and Exchange Commission (SEC) · regulator

  5. 5.
    FINRA

    FINRA · regulator

  6. 6.
  7. 7.
    Pump.fun Fees page

    Pump.fun · platform

  8. 8.
  9. 9.
    xStocks partner FAQ

    xStocks · official

  10. 10.
    Digital assets

    Internal Revenue Service · official

  11. 11.
    Crypto asset custody basics for retail investors (December 2025)

    U.S. Securities and Exchange Commission · regulator

  12. 12.
    Brokerage accounts

    U.S. Securities and Exchange Commission · regulator

Last updated .