Overview
An exchange-traded fund is a pooled investment vehicle with shares that can be bought or sold throughout the day on stock exchanges at market-determined prices. Investors may buy or sell ETF shares through a broker, just as they would the shares of any publicly traded company.
Committees & Working Groups
ICI Contacts
News & Publications
News & Publications
Funds Democratize Investing in the United States
Regulated funds have broadened participation in American capital markets, with ownership rising significantly among middle- and lower-income households over the past two decades, according to data...
ICI Applauds SEC’s Order on ETF Share Class
Investment Company Institute’s President and CEO Eric J. Pan issued a statement on the Securities and Exchange Commission’s order formally allowing the first funds to offer both mutual fund and exchange-traded fund share classes.
ETF Issuance Breaks $1 Trillion Barrier, ICI Reports
The estimated value of all exchange-traded fund breaks the $1 Trillion barrier. Shares issued exceeded that of shares redeemed by $43.53 billion for the week ended October 22, 2025, the Investment Company Institute reported today.
ETF Share Class Relief: A Major Step Forward, and Making Sense of What’s Next
The SEC’s move toward allowing mutual funds and ETFs to operate as share classes in a single portfolio marks a significant shift for the industry. ICI’s new white paper, ETF Share Class Operational...
