State Street: US ETFs Have Attracted Over $1 Trillion in Inflows This Year
According to ChainCatcher, citing Golden Ten Data, State Street Global Advisors stated that investors are rapidly pouring funds into US exchange-traded funds (ETFs), with inflows exceeding 1 trillion US dollars so far this year. The total inflow for the year is expected to set a record of 1.4 trillion US dollars. State Street noted that last year, US ETF inflows reached the 1 trillion US dollar milestone on December 11. This year, investors have allocated funds across all sectors, from low-cost general ETFs linked to the S&P 500 Index to cryptocurrency and gold ETFs.
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