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

Odaily Odaily News 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 per day. In the first half of 2026, the number of newly added ETFs reached 730. At the current pace, the full-year total could surpass 1,450, significantly surpassing last year's record.

Eric Balchunas particularly highlighted the aggressive expansion strategy of emerging issuer Corgi. Data shows that Corgi launched over 100 ETFs in June, already ranking as the sixth-largest ETF issuer. If the current issuance pace continues (the company still has about 350 ETFs in the registration stage), Corgi could overtake BlackRock by the end of this year to become the issuer with the highest number of ETFs in the market.

Balchunas noted that it took BlackRock over 20 years to build its current ETF product lineup, whereas Corgi may achieve a similar scale in less than a year. However, growth in quantity does not necessarily mean a corresponding increase in capital inflow. Currently, some of Corgi's ETFs have attracted a certain amount of capital, but most products are still in a market cultivation phase. The average asset size of its ETF portfolio is approximately $4 million, compared to the overall ETF industry average of about $3 billion. Corgi still faces a significant challenge in attracting assets. Balchunas described Corgi's mass issuance strategy as "extremely bold," and its rapid expansion has undoubtedly become one of the most attention-grabbing phenomena in the current ETF market.