Over the past 20 years, exchange traded funds have experienced astounding growth. There are now about 1,400 ETFs in the U.S. and 4,800 globally, according to statistics from BlackRock. The bulk of ETF assets (about $1.4 trillion) are based in the U.S., with total global assets hovering around $2 trillion.

So, as we hit the 20-year mark in the ETF business, one might ask: What will that future bring? I believe history is our best guide in that the next 20 years will look similar to the last 20. And that’s a good thing.

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