Published on 4 Sep 2020 on ETF.com via Yahoo Finance
ETF Closures Outstrip Launches
Closures were off to a strong start in 2020 after Invesco shut down more than 40 ETFs, but things got really crazy in March when global markets collapsed. We currently stand at nearly 100 ETF closures before we are even halfway through 2020.
Launches, in contrast, are closing in on 60. Such a situation, with launches trailing far behind closures, is unprecedented.