BlackRock‘s most recent report on the state of the global ETF industry things great things are afoot for the products that many have called revolutionary. Globally, the industry has nearly $1.5 trillion in assets from 168 providers on 50 exchanges as of the end of 2011.
Deborah Fuhr, Barclays’ global head of ETF research and implementation strategy, projects that assets will hit $2 trillion by the end of next year, Financial Planning reports.
At the rate the industry’s growing lately, that doesn’t seem to be too far-fetched of a prediction.
Tisha Guerrero contributed to this article.