Bloomberg ETF Analyst: Record 242 ETFs Launched in the US in June, Full-Year 2026 Could Exceed 1,450
Bloomberg senior ETF analyst Eric Balchunas stated on platform X that the US ETF market is experiencing unprecedented expansion. A total of 242 ETFs were launched in June this year, setting a new single-month issuance record, equivalent to approximately 11 new products hitting the market daily. In the first half of 2026, the number of newly added ETFs has reached 730. Based on the current pace, the total number of new additions for the full year could exceed 1,450, significantly surpassing last year's record.
Eric Balchunas paid particular attention to the aggressive expansion strategy of emerging issuer Corgi. Data shows that Corgi launched over 100 ETFs in June, already ranking sixth among ETF issuers. If it maintains its current issuance pace (the company still has approximately 350 ETFs in the registration stage), Corgi could surpass BlackRock by the end of this year to become the issuer with the largest number of ETFs on the market.
Balchunas noted that BlackRock spent over 20 years building an ETF product line of such scale, while Corgi might achieve a similar scale in less than a year. However, an increase in quantity does not necessarily mean a proportional increase in fund size. Currently, some of Corgi's ETFs have attracted a certain amount of capital inflows, but most products are still in the market incubation stage. The average asset size of its ETF portfolio is approximately $4 million, while the industry average is around $3 billion. Corgi still faces significant challenges in attracting assets. Balchunas described Corgi's large-scale issuance strategy as "highly bold," and its rapid expansion has undoubtedly become one of the most attention-grabbing phenomena in the current ETF market.
