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Private Credit ETFs Are Rising, But Risks Remain

As demand for yield climbs and fixed income regains its footing, investors are increasingly turning to private credit. Once the domain of institutions and hedge funds, this trillion-dollar asset class is rapidly becoming more accessible through exchange-traded funds (ETFs). But as private credit enters the ETF mainstream, some industry insiders are raising a cautionary flag: just because it can be wrapped in an ETF does not mean it should be.