Vanguard, Betashares, and BlackRock have an iron grip over the ETF industry, commanding the lion's share of funds under management (FUM) - thanks largely to their flagship core, low-cost equity exposures. However, Financial Standard understands that Global X may plan to challenge the incumbents where they're arguably strongest. https://www.financialstandard.com.au/feed/latest?story=179808924 en-AU Copyright 2026 Financial Standard 5