That's how much money is in U.S.-listed ETFs and other exchange-changed products now, according to the latest data
. The London-based research shop, led by Deborah Fuhr
, says that through yesterday U.S. ETF assets jumped 18 percent year-to-date, thanks in part to record net inflows of $232 billion. (The prior record, $190 billion, was set just last year.)
(By comparison, according to the ICI's data
, traditional mutual funds in the U.S. held $15.755 trillion as of October 31, 2014.)
Earlier this month ETFGI predicted
that U.S. ETFs would break the $2 trillion barrier any day, and that worldwide ETF assets would cross $3 trillion by the end of the second quarter of 2015.
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