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The number of ETFs in the United States has now exceeded the number of individual stocks.
According to a report by Golden Finance, data compiled by Morningstar shows that due to the rapid launch of new funds, there are now over 4,300 exchange-traded funds, a number that has exceeded the total number of stocks for the first time, with the current number of stocks being around 4,200. According to data from the Investment Company Institute, ETFs account for about a quarter of all investment vehicles, whereas this proportion was only 9% ten years ago.