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Assets in U.S.-listed exchange-traded funds and exchange-traded products surpassed $1 trillion for the first time, reached $1.027 trillion on Dec. 16, reports BlackRock.
As of that date, there were 894 ETFs with assets of $887.1 billion, up from 772 ETFs with assets of $705.5 billion a year earlier. And as of Dec. 16, there were 185 ETPs with assets of $115.2 billion, up from 142 ETPs with assets of $88.1 billion a year earlier.
Lee Barney has been the editor of Money Management Executive since 2002 and has been writing about Wall Street since 1993. Previously, at United Medias Wall Street & Technology magazine and … Read full bio
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