Core Insights - The global ETF market is experiencing significant growth, with a record number of new fund launches in the first half of 2025, totaling 1,308 new ETFs compared to 878 in the same period last year, resulting in a net increase of 1,042 ETFs after accounting for 266 closures [1][2] - The total global ETF assets under management (AUM) reached $17 trillion as of June 2025, surpassing the previous high of $16.3 trillion set in May, with year-to-date ETF inflows hitting $897.7 billion, marking an all-time high [2] ETF Launches and Trends - BlackRock's iShares led the new ETF launches with 42, followed by Global X with 36 and First Trust with 27, among a total of 326 different providers introducing new products [2] - Key trends driving the growth in ETF launches include: - Actively Managed ETFs gaining popularity as investors seek flexible strategies in volatile markets [3] - Thematic Funds focusing on niche areas like artificial intelligence and clean energy attracting significant inflows [4] - Innovative Structures offering exposure to digital assets and derivatives-based strategies expanding market breadth [4] - Factor-Based Strategies focusing on value, momentum, quality, size, and minimum volatility becoming increasingly popular [4] - Mutual Fund to ETF conversions as asset managers launch ETF versions of traditional mutual funds to meet investor demand [5] Notable ETF Performances - The JPMorgan Mortgage-Backed Securities ETF (JMTG) has accumulated $5.8 billion in AUM since its launch on June 27, 2025, primarily investing in mortgage-backed securities with a broad basket of 2,427 securities [6] - The JPMorgan Active High Yield ETF (JPHY) has garnered over $2 billion in AUM since its debut on June 24, 2025, focusing on below investment-grade debt securities with a yield to maturity of 6.35% [7] - The 0-3 Month Treasury Bill ETF (VBIL) has attracted $2.1 billion in AUM since its launch on February 7, 2025, tracking a market-weighted Treasury index with an ultra-short-term maturity [8] - The iShares High Yield Muni Active ETF (HIMU) has amassed $1.8 billion in AUM since its launch on February 7, 2025, aiming to provide income exempt from federal taxes [9][10] - The Simplify Government Money Market ETF (SBIL) has gathered $1.2 billion in AUM since its debut in July 2025, focusing on liquidity and principal stability [11]