Reported 2 days ago
The number of exchange-traded funds (ETFs) has surpassed the number of US stocks, with over 4,300 ETFs available, including more than 250 single-stock leveraged ETFs. This surge, described as a 'gold rush' by analysts, has seen significant investment in firms like Tesla and NVIDIA, attracting over $23 billion in total assets. While numerous new ETFs continue to be launched, the effectiveness and viability of these products will be assessed in the coming years.
Source: YAHOO