Issues of equity-based exchange traded funds totaled $121.7 billion in Q4 2005 (annualized basis), according to Federal Reserve Flow of Funds table F123.

This level of flows into ETFs set a record.

According to the Investment Company Institute, the number of ETFs increased from 151 in December 2004 to 201 in December 2005.

In December 2005, domestic equity index funds made up 73% of ETFs, international equity index funds were 24% of the total, and 3% were bond index funds.