The long-awaited dual share class structure can now be found at exchanges near you.
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The $18 billion issuer has become the first to ask regulators to make existing shares of an ETF available on the blockchain.
The ETF issuer is among the first in line for dual share classes, and it plans to use mutual-fund shares to access 401(k) plans.
ETF share classes of mutual funds (and the other way around) are so close, yet so very far away, as fund boards have a lot of work ahead.