In October, US ETFs attracted $171 billion in new assets, pushing year-to-date net sales to over $1.1 trillion, nearing the total inflows in all of 2024. Active ETFs saw record inflows, surpassing passive ETFs in number. JPMorgan led in sales, with the iShares US Equity Factor Rotation Active ETF leading in sales at $10.1 billion.

The SEC’s pending approval of dual share classes is expected to boost active ETFs’ market share. ETFs offer lower fees and are more tax-efficient, allowing investors to keep more gains. State Street launched the most active ETF products in the third quarter, while niche funds continue to flood the market, diversifying options for investors.

Read more at Yahoo Finance: ETF Sales Rocket Upward in October