BlackRock is planning to tokenize exchange-traded funds (ETFs) following its recent success with a Bitcoin fund. This initiative is part of a broader trend to leverage blockchain technology in traditional finance, aiming to enhance liquidity and accessibility for investors.
U.S. spot Bitcoin ETFs have achieved a 10-day inflow streak totaling $4.2 billion, with BlackRock's IBIT accounting for 96% of this figure. Since its launch, IBIT has amassed $72 billion in assets and has seen no net outflows since April 9, reflecting strong market interest. Trading activity remains high, with IBIT dominating the trading volume among Bitcoin ETFs.