BlackRock plans to introduce ETF share classes across five active mutual funds that collectively manage $55 billion in assets. The move expands investor access to established strategies through the more liquid and tax-efficient ETF structure without converting the underlying funds.
This initiative follows a wave of mutual fund-to-ETF conversions and product launches across the industry, signaling accelerating momentum in the shift toward exchange-traded vehicles. BlackRock’s latest step adds significant scale to the trend as asset managers increasingly align offerings with growing demand for ETF wrappers.
BlackRock to Launch ETF Share Classes on Five Active Funds With $55B in Assets
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