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Assets in US ETPs surpass $4 trillion in July

Assets invested in US exchange-traded products (ETPs) and exchange-traded funds (ETFs) surpassed the $4 trillion for the first time (€3.6 trillion) at the end of July.

ETFs and ETPs listed in the US gathered inflows of $33.90 billion, according to data from consultancy firm ETFGI.

Equity ETFs and ETPs listed in the US took the lion’s share of inflows, with $23.62 billion of new cash throughout July. This brought net inflows for 2019 to $64.92 billion – considerably less than the  $89.77 billion seen during the same period last year.

Fixed income ETFs and ETPs listed in the US attracted net inflows of $7.56 Bn in July, bringing net inflows for 2019 to $73.10 Bn – nearly double the inflows of the $46.61 billion that went into fixed income ETPs in the first seven months of 2018.

Commodity ETFs and ETPs gathered $2.34 billion bringing net inflows to $2.49 billion for 2019 and significantly up on the $968 million in net outflows gathered through July 2018.

At the end of July 2019, there were 2,280 US ETFs and ETPs from 151 providers listed on three exchanges, according to the data.

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