According to Eric Balchunas, JPMorgan is now the world’s largest active ETF issuer with 256 billion dollars in assets, edging out DFA, source: Eric Balchunas. He states active ETFs are the hottest segment on Wall Street and can generate more revenue than passive funds, underscoring the commercial appeal of active ETF inflows for issuers, source: Eric Balchunas. He also reports JPMorgan’s mutual funds are seeing no outflows, so ETF inflows are net growth rather than being offset by mutual fund redemptions, while many peers see ETF inflows offset by mutual fund outflows, source: Eric Balchunas. No direct crypto market impact was cited; crypto ETF traders can note the issuer flow dynamics context from the source, source: Eric Balchunas.

According to @psarofagis, ETF issuers like VanEck, Invesco, and Fidelity have significant exposure to the tech sector and could be most impacted if there's a market rotation away from tech. Conversely, FlexShares, DFA, and Avantis have less exposure due to their value tilts, thereby potentially mitigating risks in such a scenario.