By 2035, the global ETF market could reach $35 trillion ‼

According to renowned stock analyst Eric Balchunas, the global exchange-traded fund (ETF) market will reach $35 trillion by 2035, tripling from the current $13 trillion.

“ETFs have low costs, intraday liquidity, tax efficiency, flexibility, etc., which will continue to attract investor money, leading to more new products, innovative designs, and more sellers,” Balchunas wrote.

The analyst's forecast is based on a compound annual growth rate (CAGR) of 10%, which is noticeably lower than the 17% and 25% observed over the past two decades. He believes that while market returns have fallen short of past highs, the attractiveness of ETFs remains strong due to the introduction of several spot cryptocurrency ETFs, which “strengthen their advantages and diversity in the market.”#Notcoin👀🔥