Mirae Asset Global Investments' TIGER U.S. Space Tech ETF has exceeded 1 trillion won in net assets 24 trading days after listing. It is the fastest domestically listed passive exchange-traded fund to pass 1 trillion won in net assets.

Mirae Asset Global Investments said on Thursday that net assets of its TIGER U.S. Space Tech ETF have surpassed 1 trillion won.

Net assets of the TIGER U.S. Space Tech ETF were tallied at 1.3169 trillion won as of May 21, according to the Korea Exchange. The ETF was listed on April 14 with a size of 30 billion won and topped 1 trillion won in net assets in 24 trading days.

After surpassing 500 billion won in net assets on April 29, it more than doubled in size in about 2 weeks, showing rapid growth.

Inflows from retail investors also stood out. Since the listing of the TIGER U.S. Space Tech ETF, 776.2 billion won has flowed into the product out of 1.0014 trillion won in net retail buying for domestically listed U.S. space-themed ETFs. About 78 percent of related net retail buying was concentrated in the TIGER U.S. Space Tech ETF.

As of May 21, the TIGER U.S. Space Tech ETF has posted a return of 38.9 percent since listing. Its return over the past month also came in at 30.9 percent.

As of the same day, the combined weight of four major new space companies - Rocket Lab, Intuitive Machines, Redwire and AST SpaceMobile - was about 72 percent.

With interest rising on news related to SpaceX's push to go public and key events including a Starship V3 test flight, the product was designed to respond to changes in the space industry by applying a rule to quickly include SpaceX at a weighting of up to 25 percent if it lists in the future.

Kim Nam-ho (김남호), head of global ETF management at Mirae Asset Global Investments, said, "Based on this achievement, we will continue to provide investment solutions."