[Bloomberg Analyst: Tokenization of Stock Assets is Similar to the ETF-ization of Crypto Assets] Bloomberg senior ETF analyst Eric Balchunas stated that allowing crypto-native users to purchase traditional assets in their preferred 'token' form is similar to how ETFs enable regular investors to buy crypto assets in a familiar format. However, the traditional market has a larger capital scale, and tokenized stocks have a limited impact on the ETF market share.