At a glance
- The size of the stake was not disclosed.
- State Street launched the SPDR S&P 500 ETF Trust (SPY) in 1993 and reports about $2.3 trillion in ETF assets as of Sept. 30, 2026, while the exchange group calls it the world's largest ETF servicer.
- Advisors will not see a fund's listing venue, fee or settlement path change this quarter because of the investment.
TXSE Group, parent of the Texas Stock Exchange, said Oct. 28 that State Street made an equity investment in the company, joining BlackRock, Charles Schwab and Citadel Securities as shareholders. The size of the stake was not disclosed.
State Street launched the SPDR S&P 500 ETF Trust (SPY) in 1993 and reports about $2.3 trillion in ETF assets as of Sept. 30, 2026, while the exchange group calls it the world's largest ETF servicer. Other existing shareholders include J.P. Morgan, Goldman Sachs and Bank of America.
Advisors will not see a fund's listing venue, fee or settlement path change this quarter because of the investment. Sponsors choosing where to list face the diligence question: State Street provides custody, fund accounting and basket creation to fund sponsors, while TXSE aims to bring more choice to U.S. equity markets. Whether that choice reaches ETF listings, and how a venue part-owned by a firm that services fund sponsors would handle the overlap, is the test an issuer would run before adding a venue.
Reported by the Issuers desk from ETF Express. Published . Corrections