ETF data providers ETFGI reports that assets invested in the global ETFs industry reached a record of USD10.86 trillion at the end of July.
During July the global ETFs industry gathered USD87.16 billion in net inflows, bringing year to date net inflows to USD464.4 billion, the firm says. Assets invested in the global ETFs industry have increased 17.3 per cent YTD in 2023, going from USD9.26 trillion at end of 2022 to USD10.86 trillion.
There have been 50 months of consecutive net inflows to ETFs globally, according to ETFGI.