US ETF launches hit record levels with ~390 new funds in 2 months, driven by derivatives and leveraged products.
Macro & Markets ·
Approximately 390 US-listed ETFs launched within a two-month window, marking the largest such concentration on record and exceeding the total number of launches during the first half of 2024. More than half of all ETFs introduced this year incorporate derivatives, with over a third classified as leveraged or inverse products. Fund issuers have filed applications for more than 1,000 leveraged ETFs in 2024, signaling additional launches may follow as the market continues rapid expansion.