Top ETF custodian Charles Schwab (SCHW) reports that ETF assets on its brokerage platform...

|About: The Charles Schwab Corpor... (SCHW)|By:, SA News Editor

Top ETF custodian Charles Schwab (SCHW) reports that ETF assets on its brokerage platform rose to $124B at the end of Q2 - a 43% Y/Y increase, powered by a 69% annual growth in retail investors holding ETFs. U.S. ETF assets grew at a 25% annualized rate in H1; through May, mutual fund assets were growing at a roughly 10% annualized rate.