Ben Slavin, Head of ETF Business at BNY Mellon, stated that asset management firms are accelerating their tokenized ETF projects, with multiple institutions launching various on-chain ETF solutions. He mentioned that beyond investor demand, many institutions are also worried about missing out on early market opportunities in tokenized finance, showing a clear sense of 'FOMO.' Although the regulatory framework for tokenized funds, secondary market trading mechanisms, and integration with existing fund infrastructure are still not fully defined, institutions generally prefer to roll out products as soon as possible. Slavin also pointed out that there are already hundreds of tokenized versions of ETFs circulating in unregulated markets outside the traditional financial system. These products may not be authorized by the fund issuers, posing brand and reputational risks for asset management firms. (CoinDesk) https://www.(wublock123.com)/news/bny-institutional-asset-managers-fomo-tokenized-etf-63350