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Investors add $56B to US ETFs in week ending Aug. 21
Commodity ETFs drew nearly $5.0B, while US fixed income took in $12.5B and the 30-year Treasury yield stayed near its Aug. 17, 5.3% high.
Investors poured more than $56 billion into US-listed ETFs during the week ending Aug. 21, pushing year-to-date inflows above $1.3 trillion, according to Yahoo Finance.
The inflow mix showed US equity ETFs taking in about half the total at roughly $25 billion, US fixed income adding $12.5 billion, international equity funds gathering $5.6 billion, and international fixed income bringing in $2.5 billion.
Commodity ETFs were the standout, attracting almost $5 billion, while currency funds raised about $2.2 billion and alternatives collected $2.8 billion.
On the market backdrop, the S&P 500 slipped a little over 1% last week after setting record highs the prior week, and even after the Treasury Department announced it would double the size of long-dated debt buybacks, the 30-year Treasury yield remained near the 5.3% level reached Aug. 17. Yahoo Finance also noted that SPDR Gold Shares (GLD) gathered $3.4 billion and iShares Bitcoin Trust (IBIT) added more than $1 billion as gold and bitcoin surged, while the VanEck Semiconductor ETF (SMH) led outflows, shedding $1.7 billion.
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