Overview
An exchange-traded fund is a pooled investment vehicle with shares that can be bought or sold throughout the day on stock exchanges at market-determined prices. Investors may buy or sell ETF shares through a broker, just as they would the shares of any publicly traded company.
Committees & Working Groups
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News & Publications
News & Publications
ICI Quarterly Update, July 2026
This quarter demonstrated the power of sustained, investor-focused advocacy—and the progress that is possible when policymakers hear directly from the people our work affects. At ICI’s headquarters...
America at 250: a Nation of Investors As the country marked its 250 th anniversary in July, ICI made the case that the United States has become something the founders never envisioned: a nation of...
Worth a Click ICI's General Counsel, Paul Cellupica, in conversation with the SEC’s Director of the Division of Investment Management, Brian Daly. ICI to House Committee: Regulated Funds Ready to...
Advocating for Investment Funds ICI Backs DOL's Asset-Neutral Framework for 401(k) Investment Options
ICI's research indicates that retirement savers can benefit from the option to access private market...
In June, ICI filed a comment letter supporting the Department of Labor's proposed rule establishing an asset-neutral, process-based safe harbor for selecting 401(k) plan investment options in...
Supporting Members Helping Make Trump Accounts Work for Families and the Fund Industry Trump Accounts officially launched on July 4, creating a new opportunity to introduce children to saving and...
In the News ICI said it has had two meetings with Treasury officials, who at one stage discussed “shutting this down in some form or another,” according to Mike Horn, the group’s deputy general...
ETF Leaders Take Center Stage in Nashville
More than 1,000 attendees gathered for ICI’s 2026 ETF Conference, where industry leaders, regulators, and market participants discussed ETF growth, innovation, and the future of these increasingly popular products.
ICI’s 2026 ETF Conference drew more than 1,000 attendees to Nashville to hear panels on topics such as ETF investments in digital assets, ETF share classes, ETF tax considerations, and tokenization...
ICI President & CEO Eric J. Pan addresses ETF Conference attendees during his keynote remarks. More than 1,000 attendees gathered for ICI’s 2026 ETF Conference, where industry leaders, regulators, and...
ETF sponsors and the many firms supporting this marketplace have a home here. We want you engaged...
Top SEC Voices Offer the Regulatory Perspective on ETF Growth ICI's General Counsel, Paul Cellupica, in conversation with the SEC’s Director of the Division of Investment Management, Brian Daly. The...
ETF Tax Treatment Supports Fairness, Efficiency, and Long-Term Investing
Exchange-traded funds have transformed how millions of Americans invest, offering accessible, low-cost, and efficient options for building long-term financial security. Preserving key features of ETFs, including their tax treatment, is essential to expanding participation and supporting long-term investing.
Current ETF tax treatment protects long-term investors from tax bills triggered by other shareholders’ trading decisions. Section 852(b)(6) is a long-standing tax rule that supports fairness...
ETFs Are Working for Investors Exchange-traded funds have transformed investing for millions of Americans. They have helped make diversified portfolios more accessible, more affordable, and more...
How In-Kind Redemptions Work Imagine an ETF owns shares of many different companies. When a large investor redeems shares the ETF can respond in two ways: Sell holdings for cash: The ETF sells some...
Exchange-traded funds have transformed investing for millions of Americans. If policymakers want more Americans to start investing early, stay invested, and build long-term financial security, they should preserve the features that make ETFs accessible, affordable, and efficient. That includes preserving ETF tax treatment.
ICI President's Opening Remarks, 2026 ETF Conference
ICI President and CEO Eric J. Pan opened the second annual ETF Conference in Nashville, Tennessee, highlighting key trends and challenges shaping the ETF industry and ICI’s role in supporting the continued growth in ETFs.