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Wall Street set for new ETF gold rush as single-stock era begins

Katie Greifeld and Elaine Chen

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A new ETF-for-everything era may have just begun on Wall Street, swelling an industry that already boasts almost 3000 products and $US6.2 trillion ($9.12 trillion) in assets.

The booming world of exchange-traded funds is about to get even more crowded after the first single-equity ETFs launched last week despite a torrent of regulatory warnings over their risks, as retail investors continue to reel from the crash in speculative trades of crypto and meme stocks.

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    Original URL: https://www.afr.com/wealth/investing/wall-street-set-for-new-etf-gold-rush-as-single-stock-era-begins-20220718-p5b2j3