Inflows of $1.4 billion boosted the SPDR Portfolio S&P 500 ETF (SPLG) to $76.8 billion in assets as the Dow and S&P 500 dropped due to a 35% tariff announcement on Canadian imports by President Trump. The iShares Bitcoin Trust ETF (IBIT) gained $448.5 million, while the ProShares UltraPro QQQ (TQQQ) and iShares Broad USD High Yield Corporate Bond ETF (USHY) pulled in $409.4 million and $361.2 million, respectively. Outflows of $3.7 billion were seen in the SPDR S&P 500 ETF Trust (SPY), $1.5 billion in the Invesco QQQ Trust (QQQ), and $937.8 million in the SPDR Dow Jones Industrial Average ETF Trust (DIA). Overall, ETFs collected $1.3 billion for the day, with U.S. equity ETFs losing $3.3 billion and U.S. fixed-income ETFs attracting $1.9 billion. Currency ETFs saw $1.6 billion in inflows amidst tariff uncertainty.
The SPDR Portfolio S&P 500 ETF (SPLG) had net inflows of $1.4 billion, bringing its assets under management to $76.8 billion, while the iShares Bitcoin Trust ETF (IBIT) attracted $448.5 million. The ProShares UltraPro QQQ (TQQQ) and iShares Broad USD High Yield Corporate Bond ETF (USHY) gained $409.4 million and $361.2 million, respectively. Outflows of $3.7 billion, $1.5 billion, and $937.8 million were seen in the SPDR S&P 500 ETF Trust (SPY), Invesco QQQ Trust (QQQ), and SPDR Dow Jones Industrial Average ETF Trust (DIA), respectively. U.S. equity ETFs lost $3.3 billion, while U.S. fixed-income ETFs attracted $1.9 billion, and currency ETFs pulled in $1.6 billion. Overall, ETFs collected $1.3 billion for the day.
Read more at Yahoo Finance: SPLG Attracts $1.4B in Assets; Dow Drops on Tariff Fears