MutualFundWire.com: U.S. AMs Launched 746 Of These In 2024

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Thursday, January 23, 2025

U.S. AMs Launched 746 Of These In 2024

ETF product development accelerated last year as inflows reached new heights, 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

On Monday (January 20), Debbie Fuhr, managing partner at ETFGI, revealed that the U.S. ETF and ETP industry brought in a record $1.17 trillion in net inflows in 2024, accounting for 62.2 percent of worldwide 2024 ETF and ETP inflows of $1.88 trillion, also a new industry record. Both prior records were set in 2021. (These findings are part of ETFGI's December 2024 "US ETFs industry landscape insights" report and ETFGI's December 2024 "global ETFs industry landscapes" report.) That's up from $603.98 billion in net U.S. inflows and $974.87 billion in worldwide inflows in 2023.

U.S. ETFs and ETPs held a combined $10.35 trillion in AUM on December 31, 2024, down month-over-month by 2.3 percent ($240 billion) from November 30, 2024 but up year-over-year by 27.6 percent ($2.24 trillion) from December 31, 2023. As of the end of 2024, U.S. ETFs and ETPs accounted for 69.7 percent worldwide ETF and ETP AUM of $14.85 trillion (down by 1.8 percent M/M but up by 27.7 percent Y/Y).

In December 2024, U.S. ETFs brought in $147.31 billion in net inflows, down by $17.12 billion (10.4 percent) M/M but up by $17.29 billion (13.3 percent) Y/Y. U.S. ETF inflows accounted for 70.9 percent of worldwide December 2024 inflows of $207.73 billion. It was the 32nd consecutive month of inflows for U.S. ETFs, while the worldwide ETF inflows streak reached 67 months.

As of December 31, 2024, the U.S. ETF industry included 3,930 ETFs and ETPs, up by 76 (2 percent) M/M and up by 547 (16.2 percent) Y/Y. U.S. ETFs and ETPs now account for 29.8 percent of the 13,198 ETFs and ETPs worldwide.

364 ETF providers operated in the U.S. as of December 31, 2024, a count that was up by 16 (4.6 percent) M/M and up by 57 (18.6 percent) Y/Y. 44.7 percent of the 814 worldwide ETF providers operate in the U.S.

Fund firms launched 746 new ETFs and ETPs in the U.S. in 2024, up by 202 (37.1 percent) Y/Y. In 2024, U.S. launches accounted for 37.5 percent of the record 1,988 worldwide ETF and ETP launches.

On the flip side, fund firms closed down 196 U.S. ETFs and ETPs in 2024, down by 57 (22.5 percent) Y/Y. U.S. closures accounted for 31.5 percent of the 622 worldwide ETF and ETP closures in 2024.

Printed from: MFWire.com/story.asp?s=69432

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