BlackRock Launches New ETF for 'Modernized' Bond Exposure Amid Market Evolution

• BlackRock launched iShares Total USD Fixed Income Market ETF (BTOT) for a "modernized" approach to bond investing.
• BTOT offers comprehensive exposure beyond traditional core bond funds, adapting to the evolving fixed income market.
• The ETF includes inflation-protected securities, bank loans, securitized assets, and floating-rate notes for broader diversification.
• It aims to provide resilience against interest rate volatility, with slightly more credit risk but lower duration risk than the Aggregate Index.
• BlackRock sees a "generational opportunity" in fixed income, making this a timely launch.

Why It Matters: BlackRock's new BTOT ETF offers diversified, modernized bond exposure for today's evolving market.