While 2014 was a big year for ETPs, some of the year's launches savored breakout success while others were shuttered even before December.

Four ETP launches in 2014 -- two ETFs and two ETNs -- crossed the $250 million asset milestone before the end of the year, says Aniket Ullal, founder of First Bridge Data, a Fremont, Calif.,-based provider of independent ETF data and analytics. On the other end of the spectrum, there were five ETPs launched in 2014 that were closed before the end of the year, he says.

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