ETFs are on pace to break record annual inflows, but this wild card could change it all
Publishing timestamp: 2024-09-07 11:00:01
Summary
ETF inflows have already broken records in 2024 and could see further impact from the money market fund boom. Total assets in money market funds have reached $6.24 trillion, and as interest rates fall, capital is expected to move into stocks, higher-yielding fixed income areas, and ETFs. Experts believe that large, megacap ETFs and gold ETFs could benefit from this trend, potentially breaking previous inflow records by 2021.
Sentiment: POSITIVE
Tickers: GLDM, XLK, @GC.1, GLD,
Keywords: stock markets, corporate stock, spdr gold shares, wall street, business news, investment strategy, exchange-traded funds, federal reserve system, interest rates, treasury bills, gold comex (apr'23), us dollar, precious metal markets, personal investing, money markets, metal commodities, markets, precious metals industry, spdr gold minishares trust, treasury notes, technology select sector spdr fund, money market funds,