FYI: The U.S. exchange-traded product industry topped the $4 trillion mark by the end of July. To put that growth in perspective, it took U.S.-listed exchange-traded funds and products (the majority are ETFs) 18 years to reach $1 trillion in assets under management, 3.2 years to get to $2 trillion, 2.5 years to get to $3 trillion, and 2 years to hit $4 trillion, according to Deborah Fuhr, managing partner and founder of ETFGI, an ETF/ETP industry research and consulting firm.
Regards,
Ted
https://www.fa-mag.com/news/u-s--etf-biz-hits--4-trillion-mark-51158.html?print