The second batch of technological innovation bond ETFs has become an "intraday meal" for institutional investors.

On September 24, the second batch of 14 sci-tech innovation bond ETFs collectively listed. Among them, the Huatai Zhongzheng AAA sci-tech innovation bond ETF surpassed 15 billion yuan in transaction volume, ranking first; the Guotai Zhongzheng AAA technology innovation corporate bond ETF followed closely behind, with a transaction volume also exceeding 11 billion yuan. According to real-time subscription and redemption information and closing prices calculated by Wind data, the net subscription amount of the ICBC Zhongzheng AAA technology innovation corporate bond ETF on its first day of listing exceeded 8.5 billion yuan, and the net subscription amount of the YinHua Zhongzheng AAA technology innovation corporate bond ETF was also above 7.2 billion yuan. It is worth noting that the second batch of sci-tech innovation bond ETFs attracted large-scale allocations from institutions such as banks, wealth management, and insurance during the initial offering, with subscription sizes reaching 3 billion shares for Industrial Bank and China Merchants Bank, and 2 billion shares for Taikang Life Insurance. In recent years, the significant development of domestic bond ETFs cannot be achieved without the recognition and favor of institutional funds. According to the 2025 semi-annual report, pension funds, insurance companies, trusts, enterprise annuities, wealth management, and many other types of institutional funds have appeared on the top ten list of bond ETF holders. Industry insiders predict that bond ETFs can effectively meet the needs of institutions for bond trading tools, and the market size and number of products are expected to gradually expand.