3 Firms Continue To Dominate The ETF Industry, But More Competition Is Heading Their Way Hot

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Blackrock, State Street and Vanguard control 83% of the market, according to SmartMoney. Some analysts worry that’s a formula for high fees, even though fees have been coming down.

Soon it may be a moot point, as several other big asset management firms, including T. Rowe Price, have announced plans to introduce ETFs this year.

In the meantime, the parade of new ETF options continues unabated: Global X will introduce several new small-cap ETFs, and Teucrium Trading is launching a new crude oil ETF.

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