U.S. ETF Assets Reach $10 Trillion Milestone
September 27, 2024 at 14:40 PM EDT
The ETF industry reached a major milestone this week. Assets in US ETFs have crossed $10 trillion for the first time, according to Bloomberg data. ETFs have increasingly taken market share from mutual funds due to the structure’s ability to offer lower costs, enhanced liquidity, and better tax efficiency. “ETFs continue to gain traction as [...] The post U.S. ETF Assets Reach $10 Trillion Milestone appeared first on ETF Trends .
