Blackrock’s ETF Trading Volume Set to Challenge State Street Dominance

A major shift is underway in the ETF industry as Bloomberg’s senior analyst Eric Balchunas predicts that BlackRock will soon surpass State Street in trading volume. For decades, State Street has held the top spot in ETF trading volume since its establishment in 1993. However, this prediction comes at a time when Blackrock is on track to edge past Vanguard in terms of total assets under management, highlighting the rapid changes within the market.