How new deal could reshape ETF industry

Blockchain technology and tokenization are shaking up the traditional ETF model, with Janus Henderson partnering with Anemoy Limited and Centrifuge to create the Liquid Treasury Fund (LTF). This on-chain technology-based fund will provide investors with direct access to short-term U.S. Treasury bills. Head of innovation Nick Cherney believes this evolution is about making investment services more efficient and cost-effective, rather than a threat to the ETF industry. The LTF will offer features of an ETF but with the added benefits of blockchain technology, such as 24/7 trading, instantaneous settlement, and total transparency. While some may find this change threatening, others are embracing the opportunity to adapt to the evolving landscape. Todd Sohn from Strategas Securities expresses concerns about the risks of constant trading availability.