Svmuu News: Eric Balchunas, a senior ETF analyst at Bloomberg, wrote that the ETF market in June saw “JUNE-SANITY”-level performance, with several metrics approaching or breaking historical records. Data shows that the number of new ETF launches in June reached 214—equivalent to about 10 per day—significantly breaking the historical record. Additionally, ETF trading volume for the month reached $7 trillion, the second-highest level on record. Furthermore, net ETF inflows for the month totaled $191 billion, marking the second-highest monthly level on record, with average daily inflows of approximately $9 billion across some 2,700 different funds.
Eric Balchunas concluded that this series of figures reflects a comprehensive boom in the ETF market in terms of capital inflows, new product launches, and trading activity.
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Bloomberg Analyst: June ETF Market Posts “Crazy” Performance, with Inflows Nearing Record Levels
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