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Credit Crunch, ETFs, Oil, and Apple

Bloomberg Intelligence

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The Rise of Retail ETFs

Retail is absolutely part of it. We saw a pretty large uptick, especially in the pandemic and kind of the rise of the retail trader really adopting thematic ETFs. But we're also seeing the hedge funds get increasingly involved in different using more sophisticated strategies. Most interesting is mutual funds themselves have become a bigger buyer ofETFs. So we're starting to see this convergence happen. And again, that's another trend that's accelerating.

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