Bond exchange-traded funds (ETFs) managed $300 billion in assets in 2023, according to BlackRock.

The largest asset manager expects ETFs to be managed for $6 trillion by 2030, up from $2 trillion at the moment.

The market took 17 years to raise $1 trillion, but doubled to $2 trillion in just three years.

ETFs offer advantages over traditional mutual funds, such as daily trading and reduced fees.