From CNBC: 2024-09-28 11:00:02

Blockchain technology and tokenization may challenge the traditional ETF model. Janus Henderson partners with Anemoy Limited and Centrifuge to create Anemoy’s Liquid Treasury Fund (LTF), providing direct access to short-term U.S. Treasury bills. This move signifies an evolution in investment services to be more efficient and less costly.

Janus Henderson’s head of innovation, Nick Cherney, believes the new tokenized fund would offer the traditional features of an ETF but with the added benefits of blockchain technology. It could revolutionize the way business is conducted within the industry. Despite concerns, Cherney sees potential for positive change and player involvement.

Strategas Securities’ Todd Sohn expresses apprehension about the risks of 24/7 trading availability. He believes constant trading could pose challenges and urges caution, emphasizing the importance of understanding who is utilizing this trading platform. Sohn’s concerns highlight the need for careful consideration in adopting new technologies in investment practices.

Read more: How new deal could reshape ETF industry