U.S. ETF Assets Crossed $1.5 Trillion Milestone

Earlier this month, total U.S. ETF crossed the $1.5 trillion milestone and might cross the magic $2 trillion sooner than later. Olly Ludwig in his column posted at ‘IndexUniverse’ feels more funds would flow into an ETF wrapper from other investment vehicles. It would be interesting to note it took almost 18 years for ETF to reach the $1 trillion mark, ever since the first ETF SPDR S&P 500 ETF Trust (NYSEARCA:SPY) was launched in January 1993. This year too, the inflows into ETF are at a faster clip erasing last year’s record of $188 billion. Interestingly, ETF were originally…