Reported 13 days ago
BlackRock Inc. is advancing its strategy to launch exchange-traded funds (ETFs) aimed at money-market investors, seeking regulatory approval for two new funds: the iShares Government Money Market ETF and the iShares Prime Money Market ETF. This initiative follows the introduction of the Texas Capital Government Money Market ETF in September, which was the first to focus on traditional money-market funds. While the new ETFs promise increased liquidity, they come with potential risks as they are not required to maintain a stable net-asset value, unlike traditional funds.
Source: YAHOO