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Record ETF Launches in 2024 đš âŒïž
ETFs, as an investment vehicle, cover all types of asset classes, and index and active funds are seeing strong adoption across diverse areas. This is especially true as the global ETF industry saw a record-breaking 1,063 new ETF launches in the first seven months, surpassing the previous record of 988 recorded in the same period of 2021, per ETFGI.
The 1,063 new products span 39 exchanges globally and are managed by 281 different providers. The United States and Asia Pacific (ex-Japan) saw the highest number of launches, reaching 363 and 341 respectively, followed closely by Europe with 171.
