For the second year in a row, exchange-traded fund (ETF) issuance in the US has exceeded US$1 trillion, according to a new report from the Investment Company Institute (ICI).

Equity ETFs accounted for the largest share of net issuance during the week, totalling US$27.71 billion, up from US$15.55 billion the previous week. Within this category, domestic equity ETFs saw net issuance of US$18.03 billion, while world equity ETFs contributed US$9.68 billion.  Equity ETFs accounted for the largest share of net issuance during the week On the other hand, bond ETFs recorded net issuance of US$10.67 billion, slightly lower than the US$11.37 billion reported for the p