“Significant ETF Inflows for SPLG and DRAI”

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SPDR Portfolio Leads ETF Inflows with Major Unit Gains

In the last week, the ETF universe tracked by ETF Channel witnessed significant changes in unit collections. The SPDR Portfolio S&P 500 ETF (SPLG) topped the list, adding 26,500,000 units, reflecting a 3.1% increase from the previous week. During morning trading today, two key components of SPLG showed mixed performance: Apple decreased by approximately 1.4%, while Nvidia fell around 1.2%.

Draco Evolution AI ETF Sees Significant Growth

On a percentage basis, the standout was the Draco Evolution AI ETF (DRAI), boasting an impressive increase of 220,000 units, or a 40.0% surge in outstanding units. This dramatic rise reflects growing interest in AI-focused investments. In the same morning trading session, two major components of DRAI also demonstrated varied market behavior: the Wisdomtree Bloomberg U.S. Dollar Bullish Fund slipped by 0.1%, while the Ishares Gold Trust Shares climbed by 0.8%.

SPLG, DRAI: Big ETF InflowsVIDEO: SPLG, DRAI: Big ETF Inflows

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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