The reporter learned from the industry that of the first batch of active ETFs under the 18 fund companies reported, 17 all used the bond settlement model, and only 1 was not a bond; most of the product management models were managed by one person, and only 3-4 were managed by 2 fund managers. Also, from a custodian's point of view, banks dominated the first batch of active ETFs, but a few products were managed by brokerage firms.

The reporter learned from the industry that of the first batch of active ETFs under the 18 fund companies reported, 17 all used the bond settlement model, and only 1 was not a bond; most of the product management models were managed by one person, and only 3-4 were managed by 2 fund managers. Also, from a custodian's point of view, banks dominated the first batch of active ETFs, but a few products were managed by brokerage firms.