The fact that ETFs outnumber stocks doesn't seem like that important a fact. Mutual Funds have outnumbered publicly traded listings for over 30 years. I don't remember anyone raising an alarm about that... and those were all actively managed. ETFs include passives.
The fact that ETFs outnumber stocks doesn't seem like that important a fact. Mutual Funds have outnumbered publicly traded listings for over 30 years. I don't remember anyone raising an alarm about that... and those were all actively managed. ETFs include passives.