CashNews.co
The optimism sweeping Wall Street has spurred investors to plow a record $1 trillion into US exchange-traded funds so far in 2024, racking up yet another milestone for the industry.
With some 16 trading days left to go, this year’s net inflows have already surpassed the $903 billion high in 2021. Investor appetite for assets ranging from staid fixed income to speculative leveraged bets in an easy-to-trade ETF wrapper has helped fuel the boom.