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BlackRock ETF volume will surpass State Street Bank, rewriting the landscape since 1993.
According to Bloomberg senior ETF analyst Eric Balchunas, BlackRock’s ETF total volume is about to surpass State Street Bank, becoming the number one in ETF total volume. This will be a significant disruption, as State Street Bank has held the top spot since day one in 1993. Ironically, at the same time, BlackRock is about to be surpassed by Vanguard in terms of asset size.