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Fidelity, Schwab Block Clients From Buying 3 BlackRock and Texas Capital ETFs
News March 24, 2025 at 12:39 PM
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What You Need To Know
- The two firms are stopping purchases of three ETFs tracking Treasury bills and other government-backed debt.
- The new funds serve as a direct challenge to mutual-fund providers.
- Investors have flocked to money markets over the last several years.
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