ETF Sales Rocket Upward in October

Everything is coming up ETFs. Last month marked the latest record for inflows to exchange-traded funds, continuing a trend that has pushed asset levels higher and encouraged numerous funds to add products to an ever-growing pile. US ETFs garnered $171 billion in new assets in October, lifting year-to-date net sales to more than $1.1 trillion, nearing the total inflows in all of 2024, according to a report late last week from State Street Investment Management’s Global Head of Research Strategists Matthew ...