Record Growth: ASX ETF Market Cap Reaches $199 Billion in 12 Months
Tuesday, 9 July 2024, 08:00
ASX ETF Market Cap Soars to Record $199 Billion
The ASX ETF market has experienced a substantial surge in assets, reaching a new high of $199 billion by the end of June 2024.
Key Points:
- Assets Growth: The market capitalization of ETFs on ASX has grown by 36% in the past 12 months.
- Investor Interest: The milestone highlights strong investor demand for ETF products on the exchange.
- Market Performance: The data reflects a positive trend in ETF adoption and market performance.
The growth in the ASX ETF market signifies opportunities for investors looking for diversified and cost-effective investment options.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.