Bloomberg ETF Analyst: A Record 242 ETFs Launched in the U.S. in June, Full-Year 2026 Could Exceed 1,450
Odaily Planet Daily News: Eric Balchunas, senior ETF analyst at Bloomberg, stated on platform X that the U.S. ETF market is experiencing an unprecedented expansion. A total of 242 ETFs were launched in June this year, setting a record for monthly issuances, equivalent to approximately 11 new products per day. In the first half of 2026, the number of newly added ETFs reached 730. Based on the current pace, the total number of new issuances for the full year could exceed 1,450, significantly surpassing last year's record.
Eric Balchunas highlighted the aggressive expansion strategy of the emerging issuer Corgi. Data shows that Corgi launched over 100 ETFs in June, ranking it sixth among ETF issuers. If the current issuance pace continues (the company currently has approximately 350 ETFs in the registration phase), Corgi could potentially surpass BlackRock in total number of ETFs on the market by the end of this year.
Balchunas noted that it took BlackRock over 20 years to build an ETF product line of such scale, while Corgi might achieve a similar scale in less than a year. However, growth in quantity does not necessarily imply a proportional increase in fund scale. Currently, some of Corgi's ETFs have attracted a certain amount of capital inflows, but most products are still in the market cultivation phase. The average asset size of its ETF portfolio is approximately $4 million, compared to the industry average of about $3 billion, indicating that Corgi still faces significant asset-gathering challenges. Corgi's mass issuance strategy is "extremely bold," and its rapid expansion has undoubtedly become one of the most attention-grabbing phenomena in the current ETF market.
