Trillions The Future According to ETF Pros
15 snips
Apr 21, 2025 The ETF conference in Las Vegas sparked fascinating discussions about market trends and the rise of multi-share classes. Attendees shared humorous gambling anecdotes, contrasting wins and losses with ETF investments. The hosts explored the challenges of city running versus casino life, while offering insights into ETF innovations and liquidity issues. Personal connections in finance were highlighted as vital, showcasing the importance of face-to-face networking, along with evolving perspectives on cryptocurrencies and the future of ETFs.
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Finding Your People at Exchange
- Eric Balchunas shared an anecdote about a U2 cover band and ice cream social at the first ETF conference he attended.
- He remembered it fondly as the moment he "found his people" in the ETF community.
ETF Share Class Explosion
- ETF share classes are a hot topic, with expectations they could be rolled out by summer, greatly increasing ETFs' numbers.
- This could lead to a flood of new ETFs as mutual funds bolt on ETF share classes instead of launching clones.
ETFs Supplant Mutual Funds Outside 401(k)s
- Mutual funds will persist mainly in 401(k)s where ETFs lose advantages, but new money will increasingly favor ETFs.
- ETF share class adoption might surpass $800 billion given easier moves from mutual funds to ETFs with no tax hit.