The transactional fund industry ushered in record growth this year, with total capital inflows exceeding $1 trillion for the first time
The Zhitong Finance App learned that according to data from the research institute ETFGI and the Investment Company Institute (Investment Company Institute), the transactional fund (ETF) industry ushered in record growth this year, and its total capital inflow exceeded 1 trillion US dollars for the first time. This marks another important milestone in the history of the ETF industry.
According to FactSet data, the most popular fund among investors this year was the Vanguard S&P 500 ETF (VOO.US), with capital inflows of about 100 billion dollars. Meanwhile, the fastest-growing new fund is the iShares Bitcoin Trust Fund (IBIT.US), which was launched in January this year, which attracted more than $34 billion in funding.
The rapid growth of ETFs reflects two major trends: on the one hand, American investors' confidence in financial markets is growing; on the other hand, traditionalMutual fundsThe appeal is declining. According to a November 30 report from State Street Global Advisors, mutual fund outflows this year exceeded 0.2 billion dollars. Some mutual fund managers have even chosen to transform their products into ETFs to meet market demand.
The last record for US ETF capital inflows was around $920 billion in 2021. Up to now, the total assets of US ETFs have exceeded 10 trillion US dollars, showing the strong growth momentum of this industry.