Subject: Now more ETF’s than Stocks
https://www.ft.com/content/090...
“There are now more ETFs listed in the US than there are individual stocks. According to Morningstar data reported by Bloomberg, 4,370 ETFs and 4,172 stocks currently trade on US exchanges. It’s an eye-catching milestone for the booming ETF industry, which boasts about $12tn in assets under management. But the milestone itself isn’t cause for alarm.”
ciao