BUZZ - ETFs are on a record pace with 100 new launches in 2021
The exchange traded fund marketplace is growing exponentially, with more than one hundred new ETF launches in 2021. One hundred ETF launches is a significant number in nature as this time in 2020, there were only 54 new launches, and in 2019 there were 45 new launches, per Bloomberg.There has been a growing demand in the exchange traded fund arena, and market participants have been pouring billions of dollars into the market space. In the first quarter alone of 2021, investors injected +$221.6B into the ETF market. Of all the newly launched exchange traded funds, there have been a handful of funds that have made some noise in the investment community:VanEck Vectors Social Sentiment ETF (BUZZ), which was launched on March 4th, accumulated over $500M AUM in just two weeks of trading. BUZZ is trading at +0.81% on the day. ARK Space Exploration & Innovation ETF (ARKX), which was launched on March 30th, accumulated over $530M AUM in
For further details see:
ETFs are on a record pace with 100 new launches in 2021