Nidhi Kolhapur
Crypto Live News
Author: Nidhi Kolhapur
Author: Nidhi Kolhapur
Nidhi Kolhapur 
Author
Jun 14, 2024 19:09
Nidhi Kolhapur
Author
Bloomberg ETF Analyst Eric Balchunas has taken to X to predict that ETFs are likely to reach $35 trillion in assets globally by 2035,which is triple the $13 trillion today. This is based on the CAGR of 10%,which is arguably fairly modest. He further adds that their low costs,intra-day liquidity,tax efficiency,and flexibility will continue to attract investor cash and traders’ volume,resulting in newer products and innovative designs. The overseas structural changes will favor the ETFs long-term,while the Mutual Fund share classes in the US will add another branch for cash inflows.
