Blackrock Set To Unseat State Street as Top ETF Trader

State Street’s decades-long reign atop the ETF trading world is under threat, with BlackRock poised to take over in the coming months. According to Bloomberg analyst Eric Balchunas, BlackRock’s share of traded volume has surged to 24.3%, narrowing the gap between it and State Street, which now holds just 31.3%. This shift marks a significant power shift in the ETF market.