Exchange-traded funds (ETFs) have seen a remarkable influx of $200 billion in new cash over the past month, averaging $10 billion per day. Leading this surge are the so-called "Three Amigos": VOO, SPY, and IVV, which cater to retail, institutional, and both types of investors, respectively. The strong performance of these ETFs indicates robust investor confidence.
Notably, $QQQ and $QQQM have also performed well, ranking fifth and seventh in cash inflows, suggesting that investors remain optimistic despite concerns from some experts about SPCX additions. Additionally, $DRAM has secured the fourth spot, earning it the "Rookie of the Year" title for its impressive performance.
ETFs Attract $200 Billion in New Cash Over Past Month
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