Wall Street launches the most ETFs right before the top, when sentiment is at its highest.
Every single time.
1996: 677 IPOs. Market peaked 2000.
2007: 291 ETF launches. Market peaked that October.
2022: 458 ETF launches. Market peaked that January.
2026: on pace for 1,860.
Leveraged single stock ETFs. Meme coin ETFs. AI ETFs. When there's an ETF for everything, that is the best time to be cautious.
While others chase, you raise cash gradually. Always do the opposite of the majority.