Reported about 18 hours ago
Bloomberg Intelligence reports that BlackRock Inc. is rapidly gaining ground in ETF trading volume, potentially overtaking State Street Corp.'s leadership. Currently, State Street holds 31% of U.S. ETF volume while BlackRock has 25%, driven by strong demand for its iShares Bitcoin ETF Trust and S&P 500 ETF. The overall ETF trading volume has surged, with significant competition among top funds, and analysts suggest that BlackRock is on track to become the number one in this space.
Source: YAHOO