Moving Beyond Beta: BlackRock Embraces Active International Fixed Income

The iShares Global Government Bond USD Hedged Active ETF (GGOV) experienced an unexpected trading surge on Thursday, May 28, with volume exploding to more than 40 million shares. GGOV launched in late June 2025, recently held just $45 million in assets, and averaged less than 1,000 shares a day in the past month.