PANews April 26 news, according to The Block, Ciarán Fitzpatrick, the Global Head of ETF Products at JPMorgan Securities Services, said: "We believe that tokenization will definitely drive changes in the market, not just for ETFs but for the entire fund industry." Ciarán Fitzpatrick noted that given the numerous benefits that tokenization may bring, such as more convenient subscriptions and redemptions, "near-instant settlement," and continuous access, the experiment of ETF tokenization is still ongoing. He added: "I believe that tokenization will become a part of the ETF ecosystem, but it will take a few more years to truly see some good practical use cases."

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