THRO Attracts $3.2B in Assets as Dow Slides 817 Points
The iShares U.S. Thematic Rotation Active ETF (THRO) attracted $3.2 billion in inflows, raising its total assets to $3.8 billion, amid a market downturn where the Dow dropped 817 points. Other ETFs like SPY and TLH also saw significant inflows, while the iShares Core S&P 500 ETF experienced the largest outflows at $6.3 billion. Overall, ETFs gained $2.6 billion despite concerns over rising Treasury yields and federal deficit spending.