During the latter half of 2025, capital in the A-share market kept pouring into stock ETFs. According to data from Wind Information, as of September 22, across the whole market, the number of stock ETFs with assets surpassing 10 billion yuan had reached 57, marking an increase of 10 compared to the end of June. The newly emerged stock ETFs with assets exceeding 10 billion yuan are predominantly industry-themed funds.