在产品层面，上述四类指数挂钩的ETF中涌现出一批规模迅速突破百亿元的标杆产品。以沪深300ETF 为例，华泰柏瑞沪深300ETF（510300）、华夏沪深300ETF（510330）年内规模增长均超600亿元，易 方达沪深300ETF（510310）增长逾500亿元，嘉实沪深300ETF（159919）也实现超400亿元的规模扩 张，成为本轮增长的主力。 黄金类ETF中，华安、博时、易方达等机构旗下黄金ETF规模增长均超过百亿元。其中华安黄金ETF （518880）年内规模增长近395.88亿元，接近实现翻倍。 此外，科创债ETF作为今年年中推出的创新品种，自下半年发行之初便获得市场高度关注。截至12月12 日，跟踪中证AAA科技创新公司债指数的ETF总规模突破1200亿元。嘉实基金相关产品规模超过200亿 元，招商、华夏、富国、易方达、南方等5家机构旗下产品规模也均突破百亿元。此外，跟踪沪深市场 AAA级科创债指数的ETF产品中，也有3只规模站上百亿关口。 风险提示：基金投资有风险，基金投资须谨慎。 | | | | 9四只指数挂钩产品增量破3 | | | | --- | --- | --- | --- | ...

Group 1 - The global ETF industry has seen nearly $1 trillion in net inflows this year, marking the 15th consecutive year of net inflows [1] - Active ETFs have become the most significant growth driver in the global ETF market, accounting for only 8% of the total ETF assets but attracting nearly 30% of global net inflows this year, amounting to $300 billion [1] - The Asia-Pacific region's active ETF market is still in its early stages, with only 5% of the $2 trillion total ETF market being active ETFs, primarily due to slower regulatory approval processes [1] Group 2 - Fixed income ETFs are gaining attention from investors due to their advantages in transparency and asset configurability [2] - Digital asset ETFs are expected to be a key driver of ETF growth, with an increasing variety of investment options available [2] - Hong Kong's ETF market has significant growth potential, with a current penetration rate of only 5% to 7% in the public fund market [2] Group 3 - Institutional funds are becoming a crucial support for the ETF market, with 37 central banks globally using ETFs for investment [2] - The Bank of Japan and the People's Bank of China are major buyers in their respective ETF markets, holding nearly 80% and 25% of their markets [2] - The asset classes accessed by institutional clients through ETFs are diverse, helping asset management companies gain high transparency at lower costs [3] Group 4 - The gap between institutional and retail investors in ETF usage scenarios is narrowing, with both groups showing interest in tactical and long-term strategies [3] - Retail investors, traditionally focused on short-term trading, are increasingly adopting a "buy and hold" strategy, particularly in Asian fixed income and investment-grade bond ETFs [3]

美国ETF市场在2024年势不可挡。资金流量和新发行量均创下纪录新高。资产管理规模突破了10万亿美 元大关。加密货币相关ETF引爆全场。主动管理型ETF人气飙升。加杠杆的单只股票ETF吸引了惊人的资 金流量，其中专注于美国微策略（MicroStrategy）软件公司的多只ETF出现了运作异常。一只ETF竟然能 从一家已完全变成比特币杠杆游戏的古早软件企业的波动中获利？了不起的2024年。 虽然ETF市场的增长主要来自常见因素——低成本的贝塔策略产品和少数战术型产品，但更新颖且风险更 高的产品吸引了大量资金流入，也占据了大量媒体头条。结果是：投资者及顾问们感到不堪重负和困惑不 已。 与此同时，除了个别企业，ETF费用加速缩减，也为资产管理机构带来了更多困扰。 我仍在努力梳理这一切。作为一名ETF专家，我将从深入分析完整的数据集入手。但2024年实在太过疯 狂，仅靠图表无法完全展现。要讲清楚这一切，需要讨论一下每种资产类别排名前10的ETF。 行业增速创下纪录新高 点击图片查看大图 ETF的增长既快速又稳定，这得益于ETF这种投资工具的实用性和灵活性。 如下图所示，2024年是ETF发行的标志性一年，共有757只 ...