Major Inflows Highlight ETF Landscape This Week
Recent data from ETF Channel reveals notable shifts in exchange-traded fund (ETF) units over the past week.
The iShares 20+ Year Treasury Bond ETF experienced the highest total inflow, adding 12,800,000 units. This represents a 1.9% increase compared to the prior week. In contrast, the Direxion Daily Crypto Industry Bull 2X Shares led in percentage growth, with an impressive addition of 50,000 units, marking a 40.0% rise in outstanding units. This surge showcases growing interest in cryptocurrency-focused funds.
Among the key assets within the Direxion ETF, Advanced Micro Devices (AMD) saw a slight gain of approximately 0.5% during morning trading. On the other hand, Bit Digital witnessed a decline of about 3.2%. The fluctuating performance of these stocks highlights the volatile nature of the tech and cryptocurrency markets.
VIDEO: TLT, LMBO: Big ETF Inflows
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