Securities lending by ETFs has risen 77% in the past four years, outstripping the wider market's rise of 21% over the same period, according to data from EquiLend.
While the rise is far greater than the broader securities lending market, the Financial Times has reported the number of securities owned by ETFs remain a tiny proportion of the market, at 2.57% on loan in 2021. This is up 47% from 1.75% in 2017. Global ETF assets reach $7trn The average value of ETF on-loan balances has almost doubled over the period, from $37.5bn four years ago to $66bn between 1 January and mid-May. Over the course of 2020, BlackRock earned an average of $165m per quarter from securities lending, although it does not reveal what percentage of this figure is gene...
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