The iShares Expanded Tech Sector ETF (IGM) saw the highest net flows of $925.15 million, with assets under management (AUM) at $8,682.18 million, showing a 10.66% change. Invesco QQQ Trust Series I (QQQ) followed with $725.02 million in net flows and an AUM of $373,616.66 million, with a 0.19% change. The iShares Bitcoin Trust ETF (IBIT) and iShares Ethereum Trust ETF (ETHA) also made the top 10 list.
On the flip side, the SPDR S&P 500 ETF Trust (SPY) had the highest redemptions at -$3,773.66 million, with an AUM of $657,766.26 million and a -0.57% change. The ARK Innovation ETF (ARKK) and iShares Expanded Tech-Software Sector ETF (IGV) also experienced significant redemptions. The FT Vest U.S. Equity Buffer ETF – August (FAUG) had redemptions of -$722.05 million, marking a -79.28% change.
In terms of ETF daily flows by asset class, Alternatives saw net flows of $157.37 million, while Asset Allocation had a slight decrease of -$10.99 million. Currency ETFs had significant net flows of $896.60 million. International Equity experienced redemptions of -$1,226.52 million, and US Equity saw redemptions of -$4,956.15 million. Overall, there was a total net outflow of -$3,208.58 million across all asset classes.
Data is accurate as of 6 a.m. Eastern time on the date of publication, subject to potential revisions and corrections by the exchanges. For more information, visit etf.com.
Read more at Yahoo Finance: $235M Inflow For TLT
