Ciarán Fitzpatrick, Global Head of ETF Products at JPMorgan Securities Services, expressed confidence in the transformative potential of tokenization for the market. According to Odaily, Fitzpatrick highlighted that tokenization could significantly impact not only ETFs but the entire fund industry. He noted the ongoing experiments with ETF tokenization, citing benefits such as easier subscription and redemption processes, 'near-instantaneous settlement,' and continuous access. Fitzpatrick added that while tokenization is expected to become part of the ETF ecosystem, it may take several years before practical use cases emerge.