According to BlockBeats, Bloomberg's senior ETF analyst Eric Balchunas has revealed that BlackRock's ETF trading volume is on the verge of surpassing State Street, marking a significant shift in the industry. State Street has held the top position in ETF trading volume since its inception in 1993. Ironically, while BlackRock is poised to lead in trading volume, it is also close to being overtaken by Vanguard in terms of asset size.