After Bitcoin ETF: BlackRock wants to bring funds onto the blockchain

According to a Bloomberg report, BlackRock, the world's largest asset manager, is working on plans to make exchange-traded funds tradable as tokens on the blockchain in the future. The focus would be on products that digitally replicate real assets such as stocks. However, implementation would only be possible in compliance with the regulatory framework.
The move follows BlackRock's recent digital asset initiatives: In 2024, the asset manager, together with Securitize, launched the USD Institutional Digital Liquidity Fund (BUIDL), a tokenized money market fund on the Ethereum blockchain.
At the same time, BlackRock had one of the most successful ETF launches in its corporate history with its Bitcoin Spot ETF. According to CEO Larry Fink, ETFs remain the leading investment vehicle. At the same time, he describes tokenization as a crucial next step for the financial markets.
The Bloomberg report did not provide any concrete details or a timeline. It also remains unclear which blockchains will be used for settlement and how access would be structured, whether it would be restricted to institutional investors or open to a broader market.

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