Traders are turning bullish on fairness exchange-traded funds after a yr principally characterised by warning.
U.S.-listed inventory ETFs took in $23.9 billion of contemporary investor money final week, in line with FactSet. That is equal to roughly 11% of the full inflows in 2023 for fairness funds.
Shares have traded in a decent vary in latest weeks, however traders have been ramping up bets that the U.S. financial system will retain its power, preserving Treasury yields excessive. Mounted-income ETFs took in about $6 billion within the buying and selling week ended Friday.