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ETF assets climb above $2 trillion

A surge of investment in the S&P 500 earlier this week tipped exchange-traded funds over the milestone figure

Strong interest from investors and a surging stock market have pushed the assets of exchange-traded funds over $2 trillion for the first time, according to industry watchers ETF.com and ETFGI.

ETF.com said a rush of almost $14 billion into US-stock funds on Monday - with most of that going into the SPDR S&P 500 - tipped industry assets over the milestone figure.

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