' largess just got larger now that it has $18 billion worth of Credit Suisse
's 58 ETF assets, emphasizing its leadership in Europe's ETF industry, The Motley Fool
's Nicole Seghetti wrote. BlackRock's iShares ETF hold 40 percent of the market share, coming in first place before State Street's SPDR ETF business which holds 23 percent.
This will benefit investors, as competition becomes more intense and open up more commission-free ETF platforms. Seghetti pointed to Charles Schwab's OneSource program, which offers 100 commission-free ETFs and brought in $12 billion in assets since its launch.
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