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How much money is in ETFs and how fast is that number growing?

April 26, 2017ETFs fast growing money

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How much money is in ETFs and how fast is that number growing?

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Excluding Merrill Lynch HOLDRS, as of 3/30/2001, the amount of assets under management in ETF funds had reached $75.8 billion. From the beginning of 1998 to the end of 2000, assets under management in ETFs grew nearly tenfold. The first U.S.-based ETF, the S&P 500 SPDR (SPY) opened in 1993.