The AUM in ETFs at Winvesta grew 325% in the last six months, while the AUM in stocks has grown by over 185% in the same period. This is despite the sharp rise in interest from traders and younger investors due to meme stock phenomenon in the US. “ETF investing remains more popular among matured investors, but younger investors are also increasing participation. 65% of the ETF AUM on our platform is held by investors in the 35+ age group. Moreover, GameStop Corp was the third most traded stock on the platform by transaction volume, and the most popular by AUM transacted.

Source: Mint July 21, 2021 12:11 UTC