Product development has been rampant this year, as the number of ETF launches during the first seven months of 2024 set its own record.
Notably, nearly 50% of all ETF product launches in 2024 through July have employed financial derivatives, such as futures and options contracts, to achieve their investment goals, according to Kirsten Chang, senior industry analyst at VettaFi.
See more: “Record ETF Launches: Derivatives Storm the Scene”
2024 ETF Highlights on the Way to the $10 Trillion Milestone
The ETFs that have seen the largest flows in 2024 to date include the Vanguard S&P 500 ETF (VOO), the iShares Core S&P 500 ETF (IVV), the Vanguard Total Stock Market ETF (VTI), the iShares Bitcoin Trust ETF (IBIT), and the Invesco QQQ Trust Series (QQQ). The five ETFs accreted over $175 billion in combined net flows year to date through September 26.
The top-performing ETFs in 2024 to date, excluding leveraged funds, include the YieldMax NVDA Option Income Strategy ETF (NVDY), the Grayscale Bitcoin Trust (GBTC), the Hashdex Bitcoin ETF (DEFI), the ProShares Bitcoin Strategy ETF (BITO), and the VanEck Semiconductor ETF (SMH).
For more news, information, and analysis, visit VettaFi | ETF Trends.
