Bank of America's latest Weekly Flow Show reveals a substantial $106.7 billion inflow into cash, marking the largest movement since January 2025. This shift comes amid expectations that cash would transition into riskier assets. Additionally, $28.5 billion flowed into bonds, with $22.2 billion directed towards investment-grade and high-yield bonds, the largest since June 2020. The report also highlights a $1.9 billion outflow from cryptocurrencies, the most significant since March 2025, and a $41.7 billion withdrawal from stocks. According to EPFR, the stock outflows were primarily due to abnormal liquidation from three UK-domiciled funds on July 31st.