BlackRock pushes into alternatives and tokenization

BlackRock is expanding into private markets and hedge‑fund‑style long/short strategies inside ETF wrappers, and both BlackRock and Goldman are exploring tokenised Treasury and yield products to broaden investor access. Those moves show asset managers packaging alternatives and new wrappers to capture fee growth as traditional rate windfalls fade. (markets.financialcontent.com) (cnbc.com) (thecurrencyanalytics.com)