Why Money Market ETFs Haven’t Lost Popularity, Yet

Money market funds aren’t the most lucrative. So why do investors keep buying them? The strategies continue to see massive inflows, with $20 billion flowing in last week alone, bringing total assets to about $7.4 trillion and heightening interest in money market ETFs, a small but growing adjacent niche. Issuers have been quick to hop on the bandwagon, with JPMorgan, Vanguard and Schwab all introducing their own money market ETFs, despite a lower interest-rate environment that can diminish returns for mone ...