Are ETFs Digging The Grave Of Traditional Mutual Funds? $2 Trillion Outflows Say So – BlackRock (NYSE:BLK), iShares Bitcoin Trust (NASDAQ:IBIT)
A tectonic shift is underway in the asset-management industry, as investor disinterest in traditional mutual funds shows no signs of slowing. Instead, capital is pouring into exchange-traded funds (ETFs), favored for their flexibility, lower fees and tax advantages, forcing legacy players like Vanguard and BlackRock Inc. BLK to adapt. The $11 trillion U.S. ETF market