量化市场追踪周报（2025W38）：第二批科创债ETF集中成立，A500增强工具持续扩容-20250921

• The second batch of 14 Sci-Tech Innovation Board (STAR Market) bond ETFs was established on September 18, 2025, with 13 products reaching the initial fundraising cap of 3 billion yuan each, and the total initial scale of the 14 products exceeding 40.7 billion yuan[14] - The STAR Market bond ETFs are expected to further increase market activity and attract more investor attention and participation as they mature[14] - The China Securities 500 Index (A500) product landscape is also expanding, with multiple A500 index enhancement products established this week, further enriching the investment tools for this index and better meeting the demand for a combination of active management and passive investment[14]