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BlackRock is reportedly exploring ways to bring its exchange-traded funds (ETFs) onchain, a move that could mark a watershed moment for traditional finance’s embrace of blockchain infrastructure. Bloomberg reported Thursday that the firm is weighing tokenized versions of its ETF products, including those tied to real-world assets like equities, pending regulatory clearance.
What’s the Scoop?
- ETF Success: BlackRock’s iShares
Bitcoin Trust and iShares 
Ethereum Trust each hit $10 billion in assets under management in under a year — two of only three ETFs to ever do so. - Onchain Experience: The firm already operates BUIDL, a tokenized U.S. dollar liquidity fund, which became the first such vehicle to surpass $1 billion AUM earlier this year. It now manages over $2 billion.
- Wall Street Shift: Other major players are moving similarly. Fidelity just tethered a treasury money market fund to a blockchain-based token, while Nasdaq is seeking approval to list tokenized securities.
