| The exchange-traded fund industry is about to reach a major milestone. Over the next few days—maybe as early as Friday—ETFs as a category will pass $2 trillion in assets. The accomplishment serves as a mighty rebuke of the mutual fund industry as investors during this five-year bull market wholeheartedly rejected active management.
After a $42 billion inflow for November, ETFs are less than $3 billion away from the $2 trillion mark, according to XTF.com, which calculates the asset total at the end of each day...............................................Full Article: Source
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