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Wall Street launched over 1,000 new ETFs this year in record wave
Wall Street has launched more than 1,000 new ETFs this year, with issuers betting that among the hundreds of new products one will become the next blockbuster fund. The explosion in ETF supply raises questions about market saturation and investors' ability to navigate an increasingly crowded landscape. The trend reflects both the boom in passive investing and competitive pressure among fund providers.
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