US will have 18 ETFs launched this week for 2023 weekly record

As many as 18 new exchange-traded funds (ETFs) are scheduled to launch in the United States market this week, more than double the average weekly total of 8.5 so far this year.

The flurry of new offerings would bring the total of ETF launches this month to 57, a record for this year and handily beating the 53 that arrived on the market in September 2022, according to data from CFRA