NSX announced that assets in U.S.-listed exchange traded funds (ETFs) and exchange traded notes (ETNs) surged to yet another new record in January.
At the close of the month, assets in both ETFs and ETNs totaled $1.02 trillion. Year-over-year, assets are up a total of 37%. [It’s Official: ETF Assets Firmly Above $1 Trillion.]
The number of listed products totaled 1,121, compared to 947 listed products at the same time last year. ETF net cash inflows for the month totaled more than $10.3 billion, with U.S. equities leading all product categories with over $10.1 billion in net cash flow. [January ETF Performance Report.]
Together, ETFs and ETNs notional trading volume during January 2011 totaled almost $1.3 trillion, representing 29% of all U.S. equity trading volume.