ETFGI, a prominent independent research and consultancy firm specializing in providing subscription research on trends in the global ETFs industry, has reported 42 new ETF launches and 5 closures last week, resulting in a net increase of 37 ETFs.
The new product launches included 20 in the Asia Pacific (excluding Japan), 13 in the United States, and 4 in Europe. In terms of closures, the Asia Pacific (excluding Japan) saw 2 closures, while Europe experienced 3. The newly launched products were categorized as follows: 16 Equity, 12 Active, 5 Fixed Income, 4 Crypto and Leverage, and 1 Commodity.
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New launches and closures in the global ETFs industry during the week of July 8th
