Investing giants want to offer retail traders access to a booming sector of financial markets
Wall Street firms want to offer retail investors ETFs backed by private credit.
Momo Takahashi/BI
- Investment firms want to offer private-credit ETFs to ordinary investors, the WSJ reported.
- It would give retail investors access to a $1.7 trillion market.
- It could be tricky, as private credit tends to be illiquid while ETF investors need high liquidity.
A booming corner of the financial markets that has only been available to institutions might soon be open to everyday investors.
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