# EDGAR Filing Document

**Accession Number:** 0001804196
**File Stem:** 0001193125-25-154142
**Filing Date:** 2025-7
**Character Count:** 22456
**Document Hash:** 010b33e919fd26e38d31f1274efc88e6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-154142.hdr.sgml**: 20250702

**ACCESSION NUMBER**: 0001193125-25-154142

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250702

**DATE AS OF CHANGE**: 20250701

**EFFECTIVENESS DATE**: 20250702

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock ETF Trust
- **CENTRAL INDEX KEY:** 0001761055

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-228832
- **FILM NUMBER:** 251097624

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 8004417762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock ETF Trust II
- **CENTRAL INDEX KEY:** 0001804196

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-236575
- **FILM NUMBER:** 251097625

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800 882 0052

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### iShares U.S. Equity Factor Rotation Active ETF (Series ID: S000064945)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                     | Ticker Symbol | Class ID   |
| iShares U.S. Equity Factor Rotation Active ETF | DYNF          | C000210296 |

---

### iShares Health Innovation Active ETF (Series ID: S000069260)

---

|  |  |
|:---|:---|
| Class Name                           | Class ID   |
| iShares Health Innovation Active ETF | C000221226 |

---

### BlackRock U.S. Carbon Transition Readiness ETF (Series ID: S000071281)

---

|  |  |
|:---|:---|
| Class Name                                     | Class ID   |
| BlackRock U.S. Carbon Transition Readiness ETF | C000226201 |

---

### BlackRock World ex U.S. Carbon Transition Readiness ETF (Series ID: S000071282)

---

|  |  |
|:---|:---|
| Class Name                                              | Class ID   |
| BlackRock World ex U.S. Carbon Transition Readiness ETF | C000226202 |

---

### iShares U.S. Thematic Rotation Active ETF (Series ID: S000074569)

---

|  |  |
|:---|:---|
| Class Name                                | Class ID   |
| iShares U.S. Thematic Rotation Active ETF | C000232558 |

---

### iShares FinTech Active ETF (Series ID: S000076808)

---

|  |  |
|:---|:---|
| Class Name                 | Class ID   |
| iShares FinTech Active ETF | C000236859 |

---

### iShares Large Cap Value Active ETF (Series ID: S000080410)

---

|  |  |
|:---|:---|
| Class Name                         | Class ID   |
| iShares Large Cap Value Active ETF | C000242802 |

---

### iShares Advantage Large Cap Income ETF (Series ID: S000081702)

---

|  |  |
|:---|:---|
| Class Name                             | Class ID   |
| iShares Advantage Large Cap Income ETF | C000244680 |

---

### iShares Large Cap Core Active ETF (Series ID: S000082317)

---

|  |  |
|:---|:---|
| Class Name                        | Class ID   |
| iShares Large Cap Core Active ETF | C000245618 |

---

### iShares International Dividend Active ETF (Series ID: S000083238)

---

|  |  |
|:---|:---|
| Class Name                                | Class ID   |
| iShares International Dividend Active ETF | C000246764 |

---

### iShares U.S. Industry Rotation Active ETF (Series ID: S000084031)

---

|  |  |
|:---|:---|
| Class Name                                | Class ID   |
| iShares U.S. Industry Rotation Active ETF | C000248199 |

---

### iShares Enhanced Short-Term Bond Active ETF (Series ID: S000085056)

---

|  |  |
|:---|:---|
| Class Name                                  | Class ID   |
| iShares Enhanced Short-Term Bond Active ETF | C000249919 |

---

### iShares U.S. Select Equity Active ETF (Series ID: S000085065)

---

|  |  |
|:---|:---|
| Class Name                            | Class ID   |
| iShares U.S. Select Equity Active ETF | C000249928 |

---

### iShares Large Cap Growth Active ETF (Series ID: S000085067)

---

|  |  |
|:---|:---|
| Class Name                          | Class ID   |
| iShares Large Cap Growth Active ETF | C000249930 |

---

### iShares A.I. Innovation and Tech Active ETF (Series ID: S000086268)

---

|  |  |
|:---|:---|
| Class Name                                  | Class ID   |
| iShares A.I. Innovation and Tech Active ETF | C000251727 |

---

### iShares Technology Opportunities Active ETF (Series ID: S000086269)

---

|  |  |
|:---|:---|
| Class Name                                  | Class ID   |
| iShares Technology Opportunities Active ETF | C000251728 |

---

### iShares International Country Rotation Active ETF (Series ID: S000088408)

---

|  |  |
|:---|:---|
| Class Name                                        | Class ID   |
| iShares International Country Rotation Active ETF | C000254669 |

---

### iShares Government Money Market ETF (Series ID: S000089874)

---

|  |  |
|:---|:---|
| Class Name                          | Class ID   |
| iShares Government Money Market ETF | C000256702 |

---

### iShares Prime Money Market ETF (Series ID: S000089875)

---

|  |  |
|:---|:---|
| Class Name                     | Class ID   |
| iShares Prime Money Market ETF | C000256703 |

---

### iShares Managed Futures Active ETF (Series ID: S000090448)

---

|  |  |
|:---|:---|
| Class Name                         | Class ID   |
| iShares Managed Futures Active ETF | C000257655 |

---

### iShares Disciplined Volatility Equity Active ETF (Series ID: S000090467)

---

|  |  |
|:---|:---|
| Class Name                                       | Class ID   |
| iShares Disciplined Volatility Equity Active ETF | C000257712 |

---

### iShares Dynamic Equity Active ETF (Series ID: S000090468)

---

|  |  |
|:---|:---|
| Class Name                        | Class ID   |
| iShares Dynamic Equity Active ETF | C000257713 |

---

### iShares Defense Industrials Active ETF (Series ID: S000092375)

---

|  |  |
|:---|:---|
| Class Name                             | Class ID   |
| iShares Defense Industrials Active ETF | C000260347 |

---

### iShares Short Duration High Yield Muni Active ETF (Series ID: S000068548)

---

|  |  |
|:---|:---|
| Class Name                                        | Class ID   |
| iShares Short Duration High Yield Muni Active ETF | C000219258 |

---

### iShares Intermediate Muni Income Active ETF (Series ID: S000070976)

---

|  |  |
|:---|:---|
| Class Name                                  | Class ID   |
| iShares Intermediate Muni Income Active ETF | C000225367 |

---

### iShares Floating Rate Loan Active ETF (Series ID: S000077718)

---

|  |  |
|:---|:---|
| Class Name                            | Class ID   |
| iShares Floating Rate Loan Active ETF | C000238207 |

---

### iShares AAA CLO Active ETF (Series ID: S000079064)

---

|  |  |
|:---|:---|
| Class Name                 | Class ID   |
| iShares AAA CLO Active ETF | C000239899 |

---

### iShares Flexible Income Active ETF (Series ID: S000080411)

---

|  |  |
|:---|:---|
| Class Name                         | Class ID   |
| iShares Flexible Income Active ETF | C000242803 |

---

### iShares Short-Term California Muni Active ETF (Series ID: S000080457)

---

|  |  |
|:---|:---|
| Class Name                                    | Class ID   |
| iShares Short-Term California Muni Active ETF | C000242862 |

---

### iShares Large Cap Moderate Buffer ETF (Series ID: S000080645)

---

|  |  |
|:---|:---|
| Class Name                            | Class ID   |
| iShares Large Cap Moderate Buffer ETF | C000243161 |

---

### iShares Large Cap Deep Buffer ETF (Series ID: S000080646)

---

|  |  |
|:---|:---|
| Class Name                        | Class ID   |
| iShares Large Cap Deep Buffer ETF | C000243162 |

---

### iShares Total Return Active ETF (Series ID: S000083073)

---

|  |  |
|:---|:---|
| Class Name                      | Class ID   |
| iShares Total Return Active ETF | C000246586 |

---

### iShares High Yield Active ETF (Series ID: S000085059)

---

|  |  |
|:---|:---|
| Class Name                    | Class ID   |
| iShares High Yield Active ETF | C000249922 |

---

### iShares High Yield Muni Active ETF (Series ID: S000088410)

---

|  |  |
|:---|:---|
| Class Name                         | Class ID   |
| iShares High Yield Muni Active ETF | C000254671 |

---

### iShares BBB-B CLO Active ETF (Series ID: S000089141)

---

|  |  |
|:---|:---|
| Class Name                   | Class ID   |
| iShares BBB-B CLO Active ETF | C000255648 |

---

### iShares Global Government Bond USD Hedged Active ETF (Series ID: S000092377)

---

|  |  |
|:---|:---|
| Class Name                                           | Class ID   |
| iShares Global Government Bond USD Hedged Active ETF | C000260349 |

---

## Series and Classes Contracts Data

### iShares U.S. Equity Factor Rotation Active ETF (Series ID: S000064945)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000210296 | iShares U.S. Equity Factor Rotation Active ETF | DYNF            |

### iShares Health Innovation Active ETF (Series ID: S000069260)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000221226 | iShares Health Innovation Active ETF |  |

### BlackRock U.S. Carbon Transition Readiness ETF (Series ID: S000071281)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000226201 | BlackRock U.S. Carbon Transition Readiness ETF |  |

### BlackRock World ex U.S. Carbon Transition Readiness ETF (Series ID: S000071282)

| Class ID   | Class Name                                              | Ticker Symbol   |
|:---|:---|:---|
| C000226202 | BlackRock World ex U.S. Carbon Transition Readiness ETF |  |

### iShares U.S. Thematic Rotation Active ETF (Series ID: S000074569)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000232558 | iShares U.S. Thematic Rotation Active ETF |  |

### iShares FinTech Active ETF (Series ID: S000076808)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000236859 | iShares FinTech Active ETF |  |

### iShares Large Cap Value Active ETF (Series ID: S000080410)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000242802 | iShares Large Cap Value Active ETF |  |

### iShares Advantage Large Cap Income ETF (Series ID: S000081702)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000244680 | iShares Advantage Large Cap Income ETF |  |

### iShares Large Cap Core Active ETF (Series ID: S000082317)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000245618 | iShares Large Cap Core Active ETF |  |

### iShares International Dividend Active ETF (Series ID: S000083238)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000246764 | iShares International Dividend Active ETF |  |

### iShares U.S. Industry Rotation Active ETF (Series ID: S000084031)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000248199 | iShares U.S. Industry Rotation Active ETF |  |

### iShares Enhanced Short-Term Bond Active ETF (Series ID: S000085056)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000249919 | iShares Enhanced Short-Term Bond Active ETF |  |

### iShares U.S. Select Equity Active ETF (Series ID: S000085065)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000249928 | iShares U.S. Select Equity Active ETF |  |

### iShares Large Cap Growth Active ETF (Series ID: S000085067)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000249930 | iShares Large Cap Growth Active ETF |  |

### iShares A.I. Innovation and Tech Active ETF (Series ID: S000086268)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000251727 | iShares A.I. Innovation and Tech Active ETF |  |

### iShares Technology Opportunities Active ETF (Series ID: S000086269)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000251728 | iShares Technology Opportunities Active ETF |  |

### iShares International Country Rotation Active ETF (Series ID: S000088408)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000254669 | iShares International Country Rotation Active ETF |  |

### iShares Government Money Market ETF (Series ID: S000089874)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000256702 | iShares Government Money Market ETF |  |

### iShares Prime Money Market ETF (Series ID: S000089875)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000256703 | iShares Prime Money Market ETF |  |

### iShares Managed Futures Active ETF (Series ID: S000090448)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000257655 | iShares Managed Futures Active ETF |  |

### iShares Disciplined Volatility Equity Active ETF (Series ID: S000090467)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000257712 | iShares Disciplined Volatility Equity Active ETF |  |

### iShares Dynamic Equity Active ETF (Series ID: S000090468)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000257713 | iShares Dynamic Equity Active ETF |  |

### iShares Defense Industrials Active ETF (Series ID: S000092375)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000260347 | iShares Defense Industrials Active ETF |  |

### iShares Short Duration High Yield Muni Active ETF (Series ID: S000068548)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000219258 | iShares Short Duration High Yield Muni Active ETF |  |

### iShares Intermediate Muni Income Active ETF (Series ID: S000070976)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000225367 | iShares Intermediate Muni Income Active ETF |  |

### iShares Floating Rate Loan Active ETF (Series ID: S000077718)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000238207 | iShares Floating Rate Loan Active ETF |  |

### iShares AAA CLO Active ETF (Series ID: S000079064)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000239899 | iShares AAA CLO Active ETF |  |

### iShares Flexible Income Active ETF (Series ID: S000080411)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000242803 | iShares Flexible Income Active ETF |  |

### iShares Short-Term California Muni Active ETF (Series ID: S000080457)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000242862 | iShares Short-Term California Muni Active ETF |  |

### iShares Large Cap Moderate Buffer ETF (Series ID: S000080645)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000243161 | iShares Large Cap Moderate Buffer ETF |  |

### iShares Large Cap Deep Buffer ETF (Series ID: S000080646)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000243162 | iShares Large Cap Deep Buffer ETF |  |

### iShares Total Return Active ETF (Series ID: S000083073)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000246586 | iShares Total Return Active ETF |  |

### iShares High Yield Active ETF (Series ID: S000085059)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000249922 | iShares High Yield Active ETF |  |

### iShares High Yield Muni Active ETF (Series ID: S000088410)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000254671 | iShares High Yield Muni Active ETF |  |

### iShares BBB-B CLO Active ETF (Series ID: S000089141)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000255648 | iShares BBB-B CLO Active ETF |  |

### iShares Global Government Bond USD Hedged Active ETF (Series ID: S000092377)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000260349 | iShares Global Government Bond USD Hedged Active ETF |  |

**BlackRock ETF Trust** 

BlackRock U.S. Carbon Transition Readiness ETF

BlackRock World ex U.S. Carbon Transition Readiness ETF

iShares Advantage Large Cap Income ETF

iShares A.I. Innovation and Tech Active ETF

iShares Defense Industrials Active ETF

iShares Disciplined Volatility Equity Active ETF

iShares Dynamic Equity Active ETF

iShares Enhanced Short-Term Bond Active ETF

iShares FinTech Active ETF

iShares Government Money Market ETF

iShares Health Innovation Active ETF

iShares International Country Rotation Active ETF

iShares International Dividend Active ETF

iShares Large Cap Core Active ETF

iShares Large Cap Growth Active ETF

iShares Large Cap Value Active ETF

iShares Managed Futures Active ETF

iShares Prime Money Market ETF

iShares Technology Opportunities Active ETF

iShares U.S. Equity Factor Rotation Active ETF

iShares U.S. Industry Rotation Active ETF

iShares U.S. Select Equity Active ETF

iShares U.S. Thematic Rotation Active ETF

**BlackRock ETF Trust II** 

iShares AAA CLO Active ETF

iShares BBB-B CLO Active ETF

iShares Flexible Income Active ETF

iShares Floating Rate Loan Active ETF

iShares Global Government Bond USD Hedged Active ETF

iShares High Yield Active ETF

iShares High Yield Muni Active ETF

iShares Intermediate Muni Income Active ETF

iShares Large Cap Deep Buffer ETF

iShares Large Cap Moderate Buffer ETF

iShares Short Duration High Yield Muni Active ETF

iShares Short-Term California Muni Active ETF

iShares Total Return Active ETF

**(each, a "Fund")** 

**Supplement dated July 1, 2025 to the Statement of Additional Information of each Fund** 

**Each Fund's Statement of Additional Information is amended as follows:** 

**The fifth paragraph of the section entitled "Investment Advisory, Administrative and Distribution Services — Payments by BFA and its Affiliates" in each Statement of Additional Information is deleted in its entirety and replaced with the following:** 

In addition, BFA Entities have entered into other contractual arrangements with Intermediaries and certain other third parties that the BFA Entities believe may benefit the business of the BFA Entities or facilitate investment in the Fund or certain Products. Such agreements can include payments by BFA Entities to such Intermediaries and

------

third parties for data collection and provision, technology support, platform enhancement, or educational content, co-marketing and cross-promotional efforts. In certain cases, such payments to Intermediaries are subject to certain minimum payment levels or tiered payments. With respect to certain funds and Products, payments by the BFA Entities may take the form of, among other things, "due diligence" payments for an Intermediary's review of such funds and Products; payment for providing employee training and information relating to such funds and Products; fees for access (in some cases on a preferential basis) to an Intermediary's registered representatives, salespersons or other personnel, fees for maintaining an Intermediary's investor platform, "shelf space" payments for making such funds and Products available on the Intermediary's platform or fees for providing assistance in promoting the sale of such funds and Products. In such cases, the payments to Intermediaries may be tiered or based on a percentage of the value of the funds and Products held by customers of the applicable Intermediary and may also be subject to minimum payment levels. Payments made pursuant to such arrangements may vary in any year and may be different for different Intermediaries and third parties and may reflect different services provided. As of the date of this SAI, the Intermediaries and other third parties (or their respective affiliates) receiving one or more types of the contractual payments described above include (in addition to FBS and NFS): &Partners, Advisor Credit Exchange, AE Wealth Management, LLC, American Enterprise Investment Services, Inc., Avantax Investment Services, Inc., BNY Mellon Capital Markets, LLC, BNY Mellon Performance & Risk Analytics, LLC, Cetera Financial Group, Inc., Charles Schwab & Co., Inc., Clearstream Fund Centre AG, Commonwealth Equity Services, LLC, Dorsey Wright and Associates, LLC, Dynasty Financial Partners LLC, E\*Trade Securities LLC, Envestnet Asset Management, Inc., iCapital Markets LLC, Interactive Brokers LLC, LPL Financial LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, MML Investors Services, LLC, Morgan Stanley Smith Barney LLC, Northwestern Mutual Investment Services, LLC, Orion Portfolio Solutions, LLC, Pershing LLC, Raymond James Financial Services, Inc., Riskalyze, Inc., Sanctuary Wealth Group, LLC, UBS Financial Services Inc., Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC. Any additions, modifications, or deletions to Intermediaries and other third parties listed above that have occurred since the date of this SAI are not included in the list.

**Shareholders should retain this Supplement for future reference.** 

SAI-GLOBAL-0725SUP