| ETFGI reports assets invested in the global ETFs industry reached a new record high of 13.14 trillion US Dollars at the end of June
July 17, 2024--ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem,reported today the global ETFs industry gathered US$136.17 billion in net inflows in June 2024, bringing year to date net inflows to a record US$730.36 billion, according to ETFGI's June 2024 global ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted) |
| Highlights
We expect 2024 to be a record year for net inflows and for assets invested in the global ETFs industry Assets invested in the global ETFs industry reached a new record of $13.14 Tn at the end of June beating the previous record of $12.89 Tn at the end of May 2024. Assets have increased 12.9% YTD in 2024, going from $11.63 Tn at end of 2023 to $13.14 Tn. Net inflows of $136.17 Bn during June. YTD net inflows of $730.36 Bn is the highest on record, while the second highest recorded YTD net inflows was of $658.86 Bn in 2021 and the third highest recorded YTD net inflows of 462.53 Bn in 2022. 61st month of consecutive net inflows. |
| Shenzhen and Dubai Forge Stronger Financial Ties with New Cross-Border ETF Agreement September 3, 2024--The Shenzhen Stock Exchange and Dubai Financial Market recently signed a memorandum of understanding (MOU) to enhance cross-border investing between China and the United Arab Emirates (UAE), with a focus on exchange-traded funds (ETFs), per reporting by the Financial Times. This partnership marks a significant step in the growing financial relationship between China and the Middle East. |