DAPP - ETFs witness 150 new launches and 20 closures in 2021
Exchange traded funds are an area of the financial market that appear to buildup steam month after month as inflows to the space continue at a record pace. The question is, with all of the new market opportunities and new ETFs that are hitting the market, how many will actually resonate with investors.In 2020 there were 275 total closings amongst ETFs that did not connect with market participants. In 2021 through the course of five full months, there has been a change in tune as year-to-date; there have been 150 new exchange traded fund launches and only 20 closures of funds.Of all the ETFs that came to market in 2021, a handful have built up some momentum among market players. See below four different ETFs that have launched in 2021 and what their overall performance has looked like since their inception date.VanEck Vectors Social Sentiment ETF (BUZZ): +2.91%.VanEck Vectors Digital Transformation
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ETFs witness 150 new launches and 20 closures in 2021