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ETFs Surge to $9.45 Trillion Amid Dual-Class Challenges

5/9/2025

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Story summary
  • Cerulli Associates highlights challenges in adopting dual-class structures for ETFs amid a shift to active strategies.
  • ETF assets surged to $9.45 trillion by late 2024, with $866 billion allocated to active strategies.
  • Upcoming approval for dual-share-class products may enhance tax efficiency for mutual fund shareholders.
  • Concerns persist regarding intermediaries' preparedness and the operational complexities that could hinder adoption.