Corgi is on track to surpass BlackRock as the leading ETF issuer by the end of the year, with 350 ETFs currently in registration. The company has already launched over 100 ETFs in June, propelling it to sixth place in the market. While some of Corgi's ETFs have attracted significant investment, the average fund size remains at $4 million, compared to the industry average of $3 billion, indicating substantial growth potential.
Despite the challenges, Corgi's rapid expansion is notable, as it aims to achieve in under a year what took BlackRock over two decades. The company's aggressive strategy highlights its ambition to reshape the ETF landscape, although it still faces the task of increasing the average fund size to match industry standards.
Corgi Poised to Surpass BlackRock in ETF Issuance by Year-End
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