According to Eric Balchunas, ETF flows have increased by $162 billion this year, averaging $5 billion per day, and are on track to hit a record $1.3 trillion. The Vanguard S&P 500 ETF ($VOO) alone has seen $24 billion in flows, projecting to $185 billion by year-end. Additionally, new ETF launches could surpass 1,000, highlighting significant growth despite discussions around tokens potentially replacing traditional investments.