The $30 Trillion ETF Market Is Coming
Trillions
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The Rise of Mutual Fund Conversions
Last year there was a 30% increase in the number of active ETFs. Traditional mutual fund managers that said, Hey, we'll never going to launch an IPO are now launchingETFs because they know they need to have that product in their in their product lineup. Morgan Stanley jumped in with its own exchange-traded fund this week. JP Morgan prick did the US market to hit 15 trillion in the next five years. Bank of America predicted 50 trillion global by 2029.
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