矿业ETF（561330）近20日资金净流入超11亿元，铜矿长期逻辑不改

Group 1 - The mining ETF (561330) has seen a net inflow of over 1.1 billion yuan in the past 20 days, indicating strong investor interest in the sector [1] - The long-term logic for copper remains unchanged despite short-term price pressures due to macroeconomic adjustments and corrections in data center demand [1] - Supply tightness in copper, along with declining processing fees for copper concentrate, continues to support prices, while demand from AI and grid construction remains robust [1] Group 2 - The mining ETF (561330) tracks the non-ferrous metals index (931892), which includes companies involved in the development of copper, aluminum, lead, zinc, and rare metals [2] - In 2025, the mining ETF (561330) is projected to have a year-to-date increase of 106.11%, ranking first among ten ETFs in the non-ferrous sector [2] - The ETF's composition is heavily weighted towards gold, copper, and rare earths, reflecting a concentrated leadership in the market [2]