| Many people have asked me how important ETF's are. The simple answer is, they are important and getting more important. They are a significant portion of trading activity on all the exchanges. How important?
Volume is not the right metric to use when dealing with ETFs. It's better to use "traded value," which as the name implies is the actual dollar value of what is traded. In June, ETF trading was close to 28 percent of total daily exchange value, according to Credit Suisse. That's the most since March. More importantly, it's a 35 percent increase from last June...............................................Full Article: Source
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