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BlackRock Files For Loan ETF

Photo of a phone with banking icons.

It’s been eight years since BlackRocks CEO Larry Fink stated the company wouldn’t launch a bank loan ETF but as times change BlackRock has announced their filing to launch the BlackRock Floating Rate Loan ETF.

ETF Newz Says:

If launched the fund plans to invest at least 80% into floating-rate loans and their economic equivalents.