Assets gathered in the ever-popular ETF reached $6.66 trillion at the end of July, a new record fir the asset class.

During the month, the products enjoyed inflows if $79.35 billion, which according to ETF consultancy ETFGI is the third highest on record.

January 2018 was the highest monthly inflow into the products with $105.59 billion of net new money being invested.

Year-to-date there has been $373.16 billion of inflows into the products which is significantly higher than the $270.21 billion invested at the same time last year.

The global total assets invested into ETFs represents a 6 percent increase on a month-on-month basis. It seems that as fears of the impact of the global pandemic dissipate, investors are using the ETF wrapper to gain market exposure and suggests a risk-on attitude as well.