Exchange-traded products eclipse $2 trillion
BlackRock said on Friday that the size of the global exchange-traded products market has surpassed $2 trillion. Through Jan. 18, more than $2 trillion in assets were managed under 4,756 ETPs. Since 2000, when assets under management stood at $79 billion, the market has grown at an annualized rate of 30.8%. The pace of growth for the number of product offerings has been even higher, at 37.1% annually.