Press Release
LONDON —December 12, 2024 — ETFGI, a leading independent research and consultancy firm renowned for its expertise in subscription research, consulting services, events, and ETF TV on global ETF industry trends, announced that the global ETFs industry has reached a new milestone with a record 1,787 new products listed in the first 11 months of 2024. This represents a net increase of 1,234 products after accounting for 553 closures. The 1,787 new launches surpass the previous record of 1,619 new ETFs launched in the first 11 months of 2021.
In 2024, the ETF market has seen significant asset accumulation by newly launched ETFs. The top three ETFs are dominated by cryptocurrency ETFs: iShares Bitcoin Trust (IBIT US) with $48.43 billion in assets, Grayscale Bitcoin Trust (GBTC US) with $20.99 billion, and Fidelity Wise Origin Bitcoin Fund (FBTC US) with $19.28…
