Bloomberg ETF analyst: Tokenization will not replace ETFs; this trend is actually beneficial to traditional ETFs themselves.

CoinFeed reported on March 9th that Eric Balchunas, an ETF analyst at Bloomberg, commented on Nasdaq's proposed stock tokenization framework, stating that tokenization will not replace ETFs but rather serve as a distribution channel, bringing the most popular ETFs and stocks from traditional markets to on-chain and less developed markets. He cited the example of VOO-like index funds, which are expected to reach more users in token form, enabling the global spread of "VOO & Chill" style passive investing. Balchunas believes this trend is beneficial to traditional ETFs themselves.