BlackRock, the world's largest asset manager, is considering the introduction of exchange-traded funds (ETFs) on public blockchains. This exploration follows the successful launch of its USD Institutional Digital Liquidity Fund, which quickly became the largest tokenized Treasury product, managing nearly $2.2 billion. The proposed tokenized ETFs would facilitate faster settlement times, allow for 24/7 trading, and improve access for global investors who might otherwise find investing in traditional ETFs challenging. However, any rollout depends on receiving regulatory approval. BlackRock's initiatives align with a broader trend as various financial institutions test blockchain applications in financial products beyond just cryptocurrencies, paving the way for more streamlined and accessible investment options.

Source 🔗