Assets in U.S.-listed exchange traded funds (ETFs) and exchange traded products (ETPs) broke through the $1 trillion milestone reaching $1.027 trillion – for the first time on Dec. 16, 2010, according to BlackRocks Global ETF Research and Implementation Strategy Team.
As of Dec. 16, 2010, in the U.S., there were 894 ETFs with assets of $887.2 billion from 28 providers on two exchanges. At the end of December 2009 the U.S. ETF industry had 772 ETFs, assets of $705.5 billion, from 29 providers on two exchanges. Year to date, 171 new ETFs have been launched in the U.S. with another 828 new ETFs in the pipeline, while 49 ETFs were delisted.
Additionally, as of Dec. 16, 2010, there were 185 ETPs listed in the U.S. with assets of $115.5 billion, from 20 providers on one exchange. At the end of December 2009, there were 142 ETPs with assets of $88.1 billion from 17 providers on one exchange.