Corgi launches 300 to 500 ETFs in a year, Eric Balchunas says its timeline is extremely fast

Odaily Odaily reports that Bloomberg ETF analyst Eric Balchunas posted on X platform, stating that Corgi launching 300 to 500 ETFs in a year is akin to someone approaching a roulette table and placing bets on every number. One of them will certainly achieve significant success, but it will also bring a large amount of drag. The good news is that this is not much different from other issuers in the industry. On average, ETF issuers' largest ETFs account for 60% of their assets and revenue, and 40% of most product lines are in the red. Corgi is simply pushing these matters forward on a very fast timeline.