JPMorgan executives: Tokenization will change ETFs and the entire fund industry, but it will be years before good application cases emerge

On April 26, Ciarán Fitzpatrick, global head of ETF products at JPMorgan Securities Services, said: "We believe that tokenization will definitely drive changes in the market, not only for ETFs, but also for the entire fund industry." Ciarán Fitzpatrick pointed out that experiments with ETF tokenization are still in progress, given the many benefits that tokenization may bring, such as more convenient purchases and redemptions,"near-instant settlement" and uninterrupted access. He added: "I think tokenization will be part of the ETF ecosystem, but it's still a few years away from some good practical cases."