Exchange-Traded Products Attract $40B in January

The global exchange-traded product industry surpassed the $2 trillion mark last month, finishing the month with $40.2 billion of inflows, according toBlackRock’s latestETP Landscapereport.

The previous January high of $33.5 billion was set in 2012.

ETPs listed in the US account for 70% of global ETP assets and 71% of global 2012 net inflows, according to the report. Last month, flows into US-listed products accounted for 75% of the global total.

“ETP assets in the US grew more than 5%, helped by market price movements with the S&P 500 reaching a psychologically important level of 1500 for the first time since 2007,” according to the report.