Bloomberg ETF Analyst: Record 242 ETFs Launched in the US in June, Full-Year Total Could Exceed 1,450 in 2026

Odaily Planet Daily News: Bloomberg Senior ETF Analyst Eric Balchunas stated on the X platform that the US ETF market is undergoing an unprecedented expansion. A total of 242 ETFs were launched in June this year, setting a single-month issuance record, equivalent to approximately 11 new products per day. The number of new ETFs in the first half of 2026 has already reached 730. Based on the current pace, the total number of new ETFs for the full year could exceed 1,450, significantly breaking last year's record.

Eric Balchunas specifically highlighted the aggressive expansion strategy of emerging issuer Corgi. Data shows that Corgi launched over 100 ETFs in June, moving it into sixth place among ETF issuers. If the current issuance pace continues (the company still has about 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 it took BlackRock more than 20 years to build an ETF product line of this 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 asset size. Currently, some ETFs under Corgi have attracted a certain amount of capital inflows, but most products are still in the market cultivation stage. The average asset size of its ETF portfolio is approximately $4 million, compared to the industry average of about $3 billion. Corgi still faces significant challenges in attracting assets. Balchunas described Corgi's large-scale issuance strategy as "extremely bold," and its rapid expansion has undoubtedly become one of the most noteworthy phenomena in the current ETF market.