Wall Street’s $9 trillion ETF machine is facing a shortage of tickers. This shortage is causing concerns among investors and market participants. Tickers are essential for identifying and tracking exchange-traded funds (ETFs) in the market.
The shortage of tickers is a result of the growing popularity of ETFs, which has led to an increase in the number of funds being launched. With more funds being created, the demand for unique ticker symbols has also risen.
This shortage is not only impacting new ETF launches but also existing funds looking to make changes or rebrand. Without a unique ticker, it can be difficult for investors to differentiate between different funds and track their performance accurately.
As a result, market participants are calling for action to address this issue and ensure that there are enough tickers available for the growing number of ETFs in the market. This shortage highlights the need for infrastructure improvements to support the continued growth of the ETF industry.