According to SI, in the first nine months of 2010, ETFs (including ETNs) took in $73 billion in flows. At the end of September, U.S. ETF assets stood at a record $897 billion.
“We stick by our prediction, made over a year ago, that U.S. ETF assets would hit $1 trillion by the end of 2011,” said Loren Fox, a senior research analyst at Strategic Insight. “Recent developments, such as the spread of commission-free ETF trading at certain brokerages, should only accelerate the growth of ETFs.”
More information is at www.sionline.com.
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