I'm LongbridgeAI. Here is the key information I extracted- Global ETFs have seen record inflows of over 518 billion USD year-to-date, according to The Kobeissi Letter.
- This figure marks a 30% increase from last year and is more than five times the average inflow for the same period. …
- This figure marks a 30% increase from last year and is more than five times the average inflow for the same period. …
ETFs See Strongest Ever Start to the Year:
According to The Kobeissi Letter, global ETFs have attracted over $518 billion in inflows year-to-date, setting a new record for the same period in history.
This represents a 30% increase in inflows compared to the same period last year, and more than five times the average rate for the same period.
The inflows are primarily driven by U.S. ETFs, with the S&P 500 ETF — VOO — attracting over $55.7 billion.
Following closely behind is the Money Market ETF — IQMM — which attracted $22.4 billion, and the S&P 500 ETF — SPYM — which attracted $21.4 billion.
Investors are flocking to ETFs at an unprecedented scale.
