| There's no shortage of cliches used to describe the rapidly expanding exchange-traded fund industry -- it's growing like wildfire, like weeds, like kudzu. ETFs are definitely an invasive species in the financial services world, and for many investors a welcome one, thanks to their low costs and targeting of niche, hard-to-access investing areas.
And, yes, the industry is getting really big: Assets hit $2 trillion in 2014 as $196 billion in new cash rolled in. The pace of new ETF launches has also picked up, and the 196 new offerings in 2014 is a 29 percent jump over 2013. There are now ETFs for about everything you can think of -- and 1,000 more in registration with the Securities and Exchange Commission............................................Full Article: Source
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