Assets in U.S. listed exchange traded funds (ETFs) crossed the $900 billion threshold for the first time yesterday, thanks to the influx of cash into commodities and precious metals ETFs.
This puts the $1 trillion mark more in reach than ever before. Olivier Ludwig for Index Universe reports that market nerves have kept asset growth tempered, but it’s still growth at a steady clip. [The Ever Expanding ETF Universe.]
Much of the market nervousness has sent a chunk of the assets over to safe-havens such as gold and Treasury bond ETFs. Domestic market weakness has also sent investors back into foreign markets, particularly emerging economies. [As the ETF Industry Grows, Some Stay Skeptical.]
Tisha Guerrero contributed to this article.
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