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The ETF industry in the U.S. has had a banner year, reaching a $2 trillion dollar asset milestone and demonstrating the product's surge in popularity.
ETF assets have increased 18% in 2014 from $1.698 trillion to $2.007 trillion based on positive market performance and net new assets, according to London-based research firm ETFGI.
ETFGI reports that the U.S. listed ETF and ETP industry has gained $232 billion in net new assets this year, which is a new record, topping last year's haul of $190 billion.
A number of the...