MutualFundWire.com: $730B In Six Months

MutualFundWire.com

The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication

Wednesday, July 17, 2024

$730B In Six Months

The world's ETF industry is bringing in money faster this year than ever before, according to the latest data from the folks at an ETF-focused research firm.

Deborah "Debbie" Fuhr
ETFGI / ETF TV
Managing Partner, Founder, Owner / Co-Founder

Today, Debbie Fuhr, managing partner at ETFGI, reveals that the global ETF (and ETP) industry brought in a record $730.36 billion in net inflows in the first half of 2024. The U.S. ETF industry alone accounted for $440.41 billion in 1H 2024 inflows (60.3 percent of the global total), its second highest 1H ever.

U.S. ETFs held a record $9.18 trillion in AUM on June 30, 2024, up from their prior record of $9 trillion on May 31. U.S. ETFs accounted for 69.9 percent of worldwide ETF AUM of $13.14 trillion at the end of June.

In June 2024, U.S. ETFs brought in $82.84 billion in net inflows, accounting for 60.8 percent of worldwide ETF June inflows of $136.17 billion. It was the 26th consecutive month of inflows U.S. ETFs, while the worldwide ETF inflows streak reached 61 months.

As of June 30, 2024, the U.S. ETF industry included 3,457 ETFs and ETPs, accounting for 28.9 percent of the 12,420 ETFs and ETPs worldwide. 332 ETF providers operate in the U.S., which translates into 43.8 percent of the 758 ETF providers worldwide.

Printed from: MFWire.com/story.asp?s=67660

Copyright 2024, InvestmentWires, Inc.
All Rights Reserved