BlackRock Looks to Take ETF Volume Crown from State Street
From Yahoo Finance: 2025-06-18 08:00:00
State Street Corp (STT) is losing its position as the world leader in ETF trading volume to BlackRock Inc (BLK). State Street controls 31% of U.S. ETF trading volume, while BlackRock holds 25% and is growing faster thanks to funds like IBIT and IVV. BlackRock is on track to take the No. 1 spot.
The $607.4 billion SPY lost its title as the world’s largest ETF to the $679.8 billion VOO. VOO has become the largest ETF by winning the most investor money this year. SPY typically does more volume than VOO and IVV. IBIT had 339.7 million shares traded last week, making it the fastest-growing ETF on record.
ETF trading volume has grown dramatically in the past few years, with about $13 trillion trading each quarter. The top 10 ETFs account for 44% of all volume, a slight decrease from a peak of 51%. Analysts speculate that IVV may soon surpass SPY to become the second-largest ETF.
Read more at Yahoo Finance: BlackRock Looks to Take ETF Volume Crown from State Street