Total assets invested in exchange-traded funds reached a record high in 2023, according to an ETFGI report, with nearly $1 trillion in net inflows.
At the end of 2023, assets invested in exchange-traded funds (ETF) totalled a record $11.63 trillion, 25.6 percent higher than the $9.26 trillion recorded a year ago, according to a report by research firm ETFGI.
In total, there were 11,689 ETFs in the market from 731 providers. These products were listed on 81 exchanges across 63 countries.
Heavy Inflows
New assets were the main driver of growth with net inflows totalling $974.87 billion in 2023 – the second highest on record. According to ETFGI, the top 20 ETFs were the main source of inflows.
Inflows for equity ETFs rose 11 percent year on year to $532.41 billion while inflows for fixed income ETFs increased 14 percent year over year to $271.67 billion. Active ETFs attracted net inflows of $183.36 billion, an increase of 48.3 percent year on year. In contrast, commodity-linked exchange-traded products saw $15.55 billion in net outflows, compared to $16.41 billion of outflows in 2022.
