沪市ETF机构持仓占比攀升至65% 较去年底增长6个百分点

Group 1 - The core viewpoint of the article highlights that by the end of November 2025, institutional investors (excluding ETF-linked funds) are expected to increase their holdings in Shanghai Stock Exchange ETFs to 65%, representing a 6 percentage point increase from the end of last year [1] - Broad-based ETFs have become a "ballast" for long-term capital allocation, with institutional holdings in broad-based ETFs accounting for over 80% of their total market value [1] - Bond ETFs, due to their low risk and stable returns, are well-suited for the allocation needs of long-term funds such as social security funds and pension funds, with institutional holdings in bond ETFs exceeding 90% of their market value [1]