BLOOMBERG ANALYST: THE NUMBER OF ETF CLOSURES INCREASED BY 65 PER CENT, TO ALMOST 200 SO FAR THIS YEAR

According to Eric Balchunas, a Bloomberg analyst, on platform X, the number of ETF closures is 65 per cent higher than last year and has so far reached almost 200, which will break record at current rates. At the same time, the number of ETFs issued is about five times as high as the number of closures, and the issuer is closing the zombie fund more quickly。