Eric Balchunas Says June ETF Market Set Near-Record Issuance, Trading Volume, and Inflows

Bloomberg senior ETF analyst Eric Balchunas said the ETF market delivered a “JUNE-SANITY” level performance in June, with multiple indicators nearing or setting records. According to Odaily, data showed 214 new ETF products were launched in June, or about 10 per day, marking a record high. ETF trading turnover reached $7 trillion, the second-highest level on record. The report also said net ETF inflows totaled $191 billion in June, the second-highest monthly level on record, averaging about $9 billion per day across roughly 2,700 different funds. Balchunas said the figures indicate broad strength in ETF inflows, new product issuance, and trading activity.