Canadian ETFs: A bounty of new launches to start 2025 for investors

News Snapshot:

Based on the Scotia ETF EDGE reports from Dec. 30 to Jan. 31, spanning a five-week period, Canadian ETFs saw an inflow of $15.1-billion. Equity flows experienced the bulk of the inflow $7.2-billion. Inflows into ETFs of mixed allocation surpassed fixed income with $4.3-billion versus $2.9 billion. Cash took in $0.7-billion compared to last month’s retreat of $0.2-billion. Crypto continues to experience an exodus with another month of outflows of $0.2-billion. Artificial intelligence (AI) was the focus in January as several tech giants announced plans to invest billions in capital expenditures for infrastructure tied to AI. The space was no...