ETFs have seen over 1,000 launches in the US this year, with $1.25 trillion in funds flowing in through November. Assets now top $13 trillion, setting records. Niche products are challenging boundaries, like the 21Shares 2X Long Dogecoin ETF, which is down 35% in a month. Highlights include half of new ETFs focusing on single stocks, crypto, derivatives, or defined outcomes. Thematic funds have attracted $19 billion this year. However, the SEC has placed limits on leveraged ETFs, capping leverage at 200%. With many new products, some may struggle to attract assets, leading to potential closures.

Read more at Yahoo Finance: The Year ETFs Couldn’t Stop Breaking Records