Econintersect: Assets invested in ETFs (electronically traded funds) and other ETPs (electronically traded products) in the United States have exceeded $2 trillion for the first time according to a press release from ETFGI, an independent research and consultancy firm to leading global individual and institutional investors, the global exchange traded fund and exchange traded product ecosystem, its regulators and its advisers.
Through December 22nd, assets have increased 18% this year from US$1.698 trillion to US$2.007 trillion based on positive market performance and net new assets.
Year to date, the US listed ETF/ETP industry has gathered a record setting US$232 billion in net new assets beating the prior full year record of US$190 billion in 2013.
Globally ETF/ETP assets are approach $4 trillion is value. The graph below shows data only through 14 September 2014.