The ETF market experienced unprecedented activity in June, with net inflows reaching $191 billion, marking the second-highest monthly level on record, according to Bloomberg analyst Eric Balchunas. Average daily inflows were approximately $9 billion, spanning around 2,700 funds. Additionally, June saw a record-breaking 214 new ETF product launches, averaging about 10 per day. Trading volume for ETFs also surged, hitting $7 trillion, the second-highest in history. Balchunas described the month's performance as a "JUNE-SANITY" level of activity, highlighting a significant increase in capital inflows, new product introductions, and trading volumes, indicating a robust expansion in the ETF market.