JPMorgan executives believe that tokenization will transform ETFs and the entire fund industry, but it will take several years before good use cases emerge.

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Mars Finance News, according to The Block, reports that Ciarán Fitzpatrick, Global Head of ETF Products at JPMorgan Securities Services, said: “We believe tokenization will definitely drive market changes, not only for ETFs but also for the entire fund industry.” Ciarán Fitzpatrick pointed out that, given the potential benefits of tokenization, such as easier subscription and redemption, “near-instant settlement,” and uninterrupted access, the ETF tokenization experiments are still ongoing. He added, “I think tokenization will become part of the ETF ecosystem, but it will be a few years before some good practical cases truly emerge.”

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