BlackRock ETF Total Trading Volume Set to Surpass State Street

BlockBeats reports that on June 9, according to Bloomberg senior ETF analyst Eric Balchunas, BlackRock's ETF total trading volume is about to surpass State Street Bank, becoming the number one in total ETF trading volume. This will be a major disruption, as State Street Bank has held the top spot since the first day in 1993. Ironically, at the same time, BlackRock is about to be surpassed by Vanguard Group in terms of asset size.