2025中国公募基金：ETF冲5.78万亿，FOF发超800亿

Core Insights - The Chinese public fund market achieved historic breakthroughs in 2025, with ETF scale reaching 5.78 trillion yuan and FOF issuance exceeding 80 billion yuan, both setting new records [1] Group 1: ETF Market Performance - The ETF scale surged from 4 trillion yuan to 5 trillion yuan within four months, a significant increase compared to the 14 years it took to grow from 0 to 1 trillion yuan [1] - The launch of two batches of Sci-Tech Innovation Bond ETFs in July and September contributed to heightened market enthusiasm, with a total of 24 Sci-Tech Bond ETFs now having a combined scale of 257.66 billion yuan, reflecting a 269% increase from their issuance scale [1] - Sixteen products have entered the 10 billion yuan tier, indicating strong performance in this segment [1] Group 2: FOF Market Growth - 2025 is marked as a "breakout year" for FOFs, with 79 new FOF funds established by December 17, raising a total of 80.35 billion yuan, surpassing the total issuance of the previous three years [1] - The average issuance scale per product is 1.05 billion yuan, more than three times that of 2024 [1]