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

Odaily Planet Daily News: Bloomberg ETF analyst Eric Balchunas posted on platform X that Corgi plans to launch 300 to 500 ETFs within a year, likening it to someone walking up to a roulette table and placing bets on every number. While one is sure to see relatively large success, it will also bring a significant drag. The good news is that this isn't too different from other issuers in the industry. On average, ETF issuers' largest ETF accounts for 60% of their assets and revenue, and 40% of products across most lines are in a loss-making state. Corgi is just pushing forward on these matters with a very fast timeline.