The success of PIMCO Total Return ETF (NYSEArca: BOND) has triggered speculation that more asset managers will follow PIMCO’s lead and introduce exchange traded fund counterparts for their most popular mutual funds.

BOND, a twist on Bill Gross’s flagship Total Return Fund, is drawing a robust following in its short two-month run. It had more than $800 million in assets under management as of mid-May, reports Rachel Konning Beals for MarketWatch. This ETF could pave the way for more actively managed ETFs. [PIMCO Total Return: ETF or Mutual Fund?]

PIMCO lending its name into the active ETF space is a game-changer for the entire industry. It’s one of those things where if you don’t get ahead of the times, then you are left in the dust trying to catch up. [PIMCO Paves the Way for More Active ETFs]

Large ETF providers such as State Street, BlackRock and WisdomTree are currently looking for a slice of the actively managed ETF market. They are all planning products or have them in the registration process with The SEC.