Top 10 Creations (All ETFs) Top 10 Redemptions (All ETFs) ETF Daily Flows By Asset Class   Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives -17.51 12,671.73 -0.14% Asset Allocation 28.85 29,568.89 0.10% Commodities E T Fs 867.64 288,047.69 0.30% Currency -148.45 194,705.74 -0.08% International Equity 1,171.08 2,077,623.95 0.06% International Fixed Income 1,276.46 341,133.42 0.37% Inverse 19.62 15,746.74 0.12% Leveraged 325. ...

ETF vs Mutual Funds - ETFs trade all day, offering liquidity, while mutual funds trade only once daily after the close [2][3] - ETFs often have lower management fees due to passive index tracking, but actively managed ETFs can have higher fees [5] - Mutual funds may have minimum buy-ins around $1,000, while ETFs require only the price of one share [6] - Mutual funds can offer automatic savings plans, while ETFs provide flexibility with options trading and short selling [6][8] ETF Market Growth and Evolution - The number of mutual funds has plateaued since the beginning of the century, currently at over 6,500, down from a pre-pandemic peak [9] - ETF growth has accelerated, nearing 4,000, with assets under management at approximately $11 trillion, half of mutual funds' $22 trillion [10] - SPY (S&P 500 ETF) was launched in 1993, enabling trading of the entire S&P 500 like a stock [14][15] - QQQ (NASDAQ 100 ETF) launched in 1999, allowing trading of the NASDAQ 100 [18] - The ETF rule streamlined the launch process, leading to an explosion in ETF volume and new launches [23] - Invesco seeks to convert its QQQ fund from a fixed unit investment trust to an open-end ETF, potentially increasing its management fee income by over $600 million annually [26][29] SPY vs QQQ Performance - Since 1993, SPY's total price return is over 1,300%, while QQQ's is over 1,007% since 1999 [27] - SPY experienced a worst sell-off of -56% during the global financial crisis, while QQQ had -83% during the dot-com bust [27][28] - SPY's management fee is 00945%, approximately half that of QQQ [28] - SPY's daily trading volume is 67 million shares, equivalent to $42 billion, compared to QQQ's 40 million shares, or $23 billion [28][29]

Group 1 - The core viewpoint of the articles indicates that silver prices are on an upward trend due to geopolitical risks, inflation concerns, and positive price expectations, with predictions that silver will surpass gold in investment value by 2025 [1] - In the first half of this year, silver ETF net inflows reached 95 million ounces, surpassing the total for 2024, and bringing global silver ETF holdings to 1.13 billion ounces by the end of June, close to the historical high of 1.21 billion ounces set in early 2021 [1] - The value of silver holdings exceeded $40 billion for the first time in June, with monthly purchases contributing nearly half of the year-to-date increase [1] Group 2 - As of the latest market dynamics, silver futures closed at the second-highest level of the year, with a year-to-date increase of 28%, outpacing gold's 26% [2] - The current market is focused on various silver investment tools, including SLV and PSLV, as well as diversified combinations like GDXJ, NUGT, and others, indicating strong global capital expectations for silver [2] - The real-time price of silver is reported at $37.735 per ounce, reflecting active trading and positive market sentiment towards silver's future [2]