Despite the profits, ETF advisors are facing numerous concerns.

The world's largest ETF conference, Exchange, begins in Miami Beach on Monday. The exchange-traded fund financial advice industry is experiencing both good and difficult times.

The ETF industry and ETF-centric advisors have reunited after a two-year absence, with investors continuing to invest in ETFs, primarily in passive (indexed) funds, but also actively managed funds.

The value of assets under management has increased from $5 trillion to $7 trillion in just two years.

The markets are in turmoil, causing difficult times for investors: As advisors gather at the event, they are seeking guidance on how to explain the market's volatility to their bewildered clients upon their return home.

The hot topics:

Inflation concerns have surpassed geopolitical risks as the top worry among financial advisors, according to a survey by ETF Trends.

Which of the following concerns you the most about the markets right now?

Rising interest rates/inflation      43%

Geopolitical risk                             34%

Prolonged economic slowdown  13%

Market volatility                                8%

Dividend sustainability                    2%

Source: ETF Trends

The amount of money in circulation is unprecedented, according to ETF Trends organizer Tom Lydon.

Lydon stated that the new standard for asset allocation is 70% stocks to 30% bonds.

Bond ETFs that invest in treasurys and mortgage-backed securities are experiencing significant pressure, with many of them reaching or being close to their all-time lows.

Large-cap ETF Bond Funds: new lows

(BND)

(BOND)

(AGG)

(LQD)

(MUB)

Money market funds and short-duration bond ETFs have reached record levels with $5 trillion in funds.

Despite the S&P 500's 5% decline year to date, large, indexed equity ETFs are still experiencing significant inflows, with VOO attracting $26 billion and IVV receiving $13 billion.

Inflows have also been observed in other megacap equity ETF funds, such as SPY and QQQ.

In January, international, value, and small-cap ETFs performed well, but when the Russia/Ukraine conflict intensified, demand decreased.

Futures contracts on 14 commodities have been the leader this year, with $8 billion in assets.

What does all this movement signify? According to Dave Nadig, financial futurist at ETF Trends and conference organizer, investors are anxious because there isn't a clear signal from the flows, but it's evident that people are shifting their portfolios. We are currently living in an extreme level of uncertainty, with no clear narrative. Some are concerned about inflation, some about retirement income, and some about the situation in Ukraine.

The crypto community is pushing back against the SEC's denial of pure-play bitcoin ETF applications, with the SEC instead approving bitcoin futures ETFs.

The industry is pushing back against the demand for a pure-play bitcoin ETF.

Grayscale's CEO, Michael Sonnenshein, has hinted that he may sue the SEC if it denies the conversion of (GBTC) to a bitcoin ETF. What are the legal grounds for such a lawsuit? Sonnenshein will discuss this topic on ETF Edge on Monday at 1 p.m.

Active management is gaining popularity, with firms such as Capital Group and Neuberger Berman joining the trend.

"ETFs are gaining popularity among a new generation, and every asset manager will soon have an ETF product," Nadig stated.

Morgan Stanley is set to launch its first ETF offering, following in the footsteps of its subsidiary Eaton Vance, which already offers ETFs.

Watch for these speakers:

Cathie Wood, CEO of ARK Invest, will be interviewed on CNBC at 4 p.m. on Tuesday, and I will also conduct a separate interview with her at 4:55 p.m.

On Tuesday at 10 a.m., DoubleLine CEO Jeff Gundlach will deliver a keynote address on his macro-economic perspective and market outlook.

On Tuesday, Ric Edelman, former CEO of Edelman Financial Engines, will discuss how crypto works in a diversified portfolio on CNBC Pro at 3 p.m.

Edelman Financial Engines, the top-rated RIA by Barron's for several years, was sold by its founder last year. Now, Edelman is guiding advisors on how to incorporate crypto into their asset base. He has recently released a new book, The Truth About Crypto.