Europe's exchange-traded funds market to grow by 25%

Exchange-traded funds are a type of investment fund that can be traded on stock exchanges

Exchange-traded funds own financial assets or commodities and their value can fluctuate based on the value of their holdings. File picture

The value of exchange-traded funds (ETFs) in Europe are expected to surpass $2.8 trillion (€2.67tn) due to a rise in retail investors and changing regulations, a new report by US financial services firm State Street has said.

ETFs are a type of investment fund that can be traded on stock exchanges. These funds own financial assets or commodities and their value can fluctuate based on the value of their holdings.