Bloomberg ETF Analyst: Record-breaking 242 ETFs launched in the U.S. in June, annual total may exceed 1,450 by 2026

Odaily Planet Daily reports that Bloomberg Senior ETF Analyst Eric Balchunas stated on the X platform that the U.S. ETF market is undergoing unprecedented expansion. In June of this year, a record-breaking 242 ETFs were launched, averaging approximately 11 new products per day. In the first half of 2026, the number of newly launched ETFs has already reached 730, and at the current pace, the annual total could exceed 1,450, significantly surpassing last year’s record. Eric Balchunas highlighted the aggressive expansion strategy of emerging issuer Corgi. Data shows that Corgi launched over 100 ETFs in June alone, making it the sixth-largest ETF issuer. If the company maintains its current issuance pace (with approximately 350 ETFs currently in the registration phase), Corgi could potentially surpass BlackRock by the end of this year to become the issuer with the largest number of ETFs in the market. Balchunas noted that BlackRock spent over 20 years building its ETF product lineup to this scale, while Corgi might achieve a similar scale in less than a year. However, growth in the number of ETFs does not necessarily translate to an increase in asset size. While some of Corgi’s ETFs have attracted certain capital inflows, most of its products are still in the market cultivation phase. The average asset size of Corgi’s ETF portfolio is approximately $4 million, compared to the industry average of $3 billion, indicating that Corgi faces significant challenges in attracting assets. Corgi’s large-scale issuance strategy is described as “extremely bold,” and its rapid expansion has undoubtedly become one of the most attention-grabbing phenomena in the current ETF market.