BlackRock is exploring the potential of blockchain technology to tokenize its exchange-traded funds (ETFs), aiming to create a more accessible financial market. This initiative could allow for 24/7 trading and leverage ETFs as collateral on decentralized finance platforms, expanding opportunities for both retail and institutional investors. By leveraging this concept, BlackRock seeks to address existing inefficiencies in the financial sector. Tokenization, which converts tangible assets into digital tokens, offers significant advantages: lower transaction costs and faster settlement times. This is a strategy already implemented by BlackRock with their successful BUIDL tokenized money market fund operating on multiple blockchains. This experience provides BlackRock a strong foundation to evaluate the feasibility of extending this approach to ETFs.