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Corgi plans to launch 300 to 500 ETFs within a year, Eric Balchunas says its timeline is extremely fast

2026-07-23 19:38

Odaily Planet Daily News: Bloomberg ETF analyst Eric Balchunas posted on platform X, saying that Corgi's launch of 300 to 500 ETFs within a year is like someone walking up to a roulette table and placing bets on every number. One of them is certain to achieve significant success, but it will also bring a lot of drag. The good news is that this is not much different from other issuers in the industry. The largest ETF of an ETF issuer accounts for an average of 60% of its assets and revenue, and 40% of most product lines are in a loss-making state. Corgi is just pushing forward with these matters on a very fast timeline.