$38B Flows Into ETFs as Investors Look Past Powell’s Comments

Investors poured $37.6 billion into U.S.-listed ETFs during the week ending Friday, Oct. 31, extending a strong run of inflows despite a slightly more hawkish tone from the Federal Reserve. U.S. equity ETFs led the way with $19.3 billion, followed by $8.7 billion for U.S. fixed income funds, $8.6 billion for international equity ETFs, and $2.2 billion for international fixed income products. The macro backdrop remained broadly supportive with stocks hovering near record highs thanks to strong gains in te ...