The 5.5 trillion yuan scale ETF opens a new chapter: from "product supplier" to "asset allocation service provider"

According to estimates, the latest size of ETFs has reached 5.5 trillion yuan, hitting a new historical high. The number of ETFs with assets over 10 billion yuan has also significantly increased, with 115 ETFs surpassing this threshold. Looking at the current ETF landscape, the Matthew effect is strengthening, with the top fund managers controlling nearly 90% of the market share. In the eyes of industry experts, as the variety of ETFs continues to expand, the focus of industry competition will shift from "competing in terms of product quantity and scale" to "competing in terms of asset allocation service capabilities", marking the beginning of a new competition centered around full-service offerings.