According to Bloomberg senior ETF analyst Eric Balchunas, BlackRock’s ETF total volume is about to surpass State Street Bank, becoming the number one in ETF total volume, which will be a significant disruption, as State Street Bank has held the top spot since day one in 1993. Ironically, at the same time, BlackRock is about to be surpassed by Vanguard Group in terms of asset size.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BlackRock's ETF volume will surpass State Street to rank first, and its asset size may also be surpassed by Vanguard.
According to Bloomberg senior ETF analyst Eric Balchunas, BlackRock’s ETF total volume is about to surpass State Street Bank, becoming the number one in ETF total volume, which will be a significant disruption, as State Street Bank has held the top spot since day one in 1993. Ironically, at the same time, BlackRock is about to be surpassed by Vanguard Group in terms of asset size.