
Assets under management have doubled in the past 30 months, while June brought about $193 billion of inflows, the second-highest monthly total on record, The Kobeissi Letter said.
Assets under management in US-listed ETFs reached a record $15.6 trillion, underscoring the scale of investor demand for exchange-traded funds. The total has doubled over the past 30 months, The Kobeissi Letter said, while investors have allocated more than $1 trillion to US-listed ETFs so far this year. June alone attracted about $193 billion, marking the second-highest monthly inflow on record. The figures point to sustained appetite for ETFs, investment funds that trade on exchanges like stocks, as investors continue to funnel money into listed fund products at a historically strong pace.