Bond ETFs surpass $2 trillion milestone as asset growth ‘explodes’ – and BlackRock believes this is just the beginning

• Bond ETFs just hit a new milestone – with assets under management surpassing $2 trillion to reach a record. 
•  BlackRock, the world’s largest asset manager, sees the sector tripling in size to $6 trillion by 2030. 
• Bond ETFs are becoming popular amid demand for the relative safety of debt, and as inflation rapidly cools.

The market for exchange-traded funds that invest in bonds is booming – the total value of such plans have just surged past $2 trillion to a new record.

It took the bond ETF industry, which came into existence in 2002, as many as 17 years to reach its first $1 trillion, but it saw the amount double in just 4 years, according to VettaFi, a firm that specializes in asset-management data and analytics.