ETFs have remade the market and could trigger the next crisis

What’s the nexus to ETFs triggering a crisis? Pretty much all those assets moved to ETFs from managed funds in either illiquid or less liquid packaging. At much higher management costs. Those exotic/niche ETFs are almost universally small and unlikely to do harm.

...or listen to a clip of Justin Bieber's new hot track "Trigger..."

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ETFs have remade the market and could trigger the next crisis
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