U.S.-listed ETFs absorbed $44.2 billion last week, pushing year-to-date inflows to a new high of $1.28 trillion.
Equity funds led the charge as the S&P 500 crept toward its October record, but the week’s flow tables held a quieter twist: amid all the risk-on enthusiasm, investors made one big bet on something about as thrilling as plain toast — the iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV).
