However, the Fed is concerned about the growth of money market mutual funds and ETFs.
“As mutual funds and ETFs may appear to offer greater liquidity than the markets in which they transact, their growth heightens the potential for a forced sale in the underlying markets if some event were to trigger large volumes of redemptions,” the Journal reported, citing the Fed report.
MINT and NEAR have added $191.1 million and $25 million, respectively, in new assets this year.
PIMCO Enhanced Short Maturity Strategy ETF
ETF Trends editorial team contributed to this post.