Ciarán Fitzpatrick, Global Head of ETF Products at J.P. Morgan Securities Services, has highlighted the transformative potential of tokenization for ETFs and the broader fund industry. Speaking on the subject, Fitzpatrick emphasized ongoing experiments with tokenized ETFs, which promise benefits like easier subscription and redemption processes, near-instant settlement, and continuous market access. However, he cautioned that while tokenization is set to become integral to the ETF ecosystem, practical real-world applications may still be several years away.