In June, $50 billion flowed into U.S. open-end mutual funds and ETFs, despite U.S. equity funds experiencing their worst outflows in over three years, according to Morningstar. Investors showed continued interest in active ETFs and bond funds, while stock funds faced losses.

Although active ETF flows slowed in Q2 2025, reaching an 8.8% growth rate, analysts attribute this to the large asset base of the ETF market. The slowdown in June may be temporary, with active ETFs still attracting $29.4 billion and $200 billion in inflows for the first half of the year.

Despite stock market highs, U.S. equity funds lost nearly $36 billion in June. Bond funds, on the other hand, gained $48.8 billion, with taxable bond funds receiving the largest monthly inflow since June 2021. International equity funds saw over $15 billion in inflows, indicating demand for global diversification.

Investors showed interest in digital assets, making up 60% of assets in the alternatives space in June. The iShares Bitcoin Trust ETF (IBIT) accounted for 86% of total inflows for digital asset funds in the first half of the year. Ethereum ETFs also saw decent flows, reflecting the popularity of Bitcoin and Ethereum.

Read more at Yahoo Finance: US Funds Gather $50B of New Assets in June: Morningstar