The AUM of the Canadian ETFs climbs quickly

Canada has approved 3 ETFs recently, and they have experienced rapid growth. Just weeks after launching, their combined AUM is above $1bn.
Source: NYDIG Data

Since 2017, investors have been waiting for an ETF approval. Now, Canada has begun approving ETFs, and they’ve already gained a lot of traction.

ETFs have the perk of allowing market makers to create and redeem shares at will. A premium on ETFs is therefore unlikely if enough liquidity is in place.

Link copied to clipboard.