MutualFundWire.com: $9.49T, $13.61T, and Counting

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Friday, August 16, 2024

$9.49T, $13.61T, and Counting

The exchange-traded side of the asset management industry broke new ground again last month, 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

Yesterday, Debbie Fuhr, managing partner of ETFGI, revealed that the U.S. ETF (and ETP) industry brought in a record $579.84 billion in net inflows in the first seven months of 2024, while also accounting for 61.2 percent of worldwide inflows. The global ETF industry netted $947 billion year-to-date as of July 31, also a new industry record.

ETF industry AUM climbed to new heights last month, too. U.S. ETFs held a record $9.49 trillion in AUM on July 31, 2024, up 3.4 percent month-over-month from June 30. On July 31, U.S. ETFs accounted for 69.7 percent of worldwide ETF AUM of $13.61 trillion (which was up 3.6 percent M/M).

In July 2024, U.S. ETFs brought in $139.42 billion in n et inflows, accounting for 64.6 percent of worldwide ETF inflows of $216.64 billion. It was the 27th consecutive month (i.e. more than two years) of inflows for U.S. ETFs, while the worldwide ETF inflows streak reached 62 months (i.e. more than five years).

As of July 31, 2024, the U.S. ETF industry included 3,641 ETFs and ETPs, accounting for 29 percent of the 12,565 ETFs and ETPs worldwide. 334 ETF providers operate in the U.S., which translates into 44.1 percent of the 757 ETF providers worldwide.

Printed from: MFWire.com/story.asp?s=67792

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