ETF Launches SMASH Records in August
I know I sound like a broker record, but here we are again.
Another breaking month for ETFs.
August was the strongest month this year so far with nearly $120 billion in net inflows, pushing us steadily towards another trillion dollar inflow year.
ETF launches are surging far, outpacing last year's pace.
We've already seen over 660 new ETFs come to market by the end of the summer, and we're closing in on 4,500 listed products in the US alone.
What's especially notable is the majority of these launches are active ETFs as issuers continue to capitalize on growing demand and opportunity.
The momentum looks set to carry us through a very active fall season.
It's hard to believe that just 30 years ago, the first ETF, SPY, was listed on the American Stock Exchange.
Back then, ETFs were a novel concept, primarily used for broad market exposure and trading efficiency.
Today, they've evolved into a cornerstone of portfolio construction, offering access to virtually every asset class, strategy, and region imaginable.
We've gone from a handful of equity index products to a universe of thousands, including fixed income, commodities, thematic strategies, active management, and even alternative.
The growth in asset innovation and product design and expansion of use cases from institutional hedging to retail investing reflects a maturing ecosystem that's more dynamic, diverse, and democ democratized than ever Four.
