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BlackRock ETF total volume is about to surpass State Street Bank.
According to Eric Balchunas, senior ETF analyst at Bloomberg, BlackRock ETF is about to surpass State Street Bank in total trading volume to become the No. 1 ETF in total trading volume, which will be a major disruption because State Street has been at the top of the list since the first day of 1993. Ironically, at the same time, BlackRock is on the verge of being overtaken by Vanguard in terms of asset size.