Core Insights - Investors invested a record $175.6 billion into U.S.-listed ETFs in October, marking the largest monthly inflow in history, bringing total inflows for 2025 to $1.12 trillion, just $4 billion short of the full-year 2024 record [1] - With two months remaining in the year, inflows are projected to reach between $1.3 trillion and $1.5 trillion, surpassing last year's total [1] Inflows Across Asset Classes - U.S. equity ETFs attracted $73.1 billion, while U.S. fixed income ETFs saw inflows of $42.5 billion [2] - International equity ETFs gained $35.4 billion, international fixed income funds added $9.4 billion, and both commodities and currency ETFs received approximately $5.8 billion each [2] - The widespread inflows indicate the growing adoption of ETFs across various asset classes [2] Top Performing Funds - The Vanguard S&P 500 ETF (VOO) led with $17.7 billion in inflows, raising its assets to nearly $800 billion, and has accumulated almost $104 billion this year, on track for a second consecutive year exceeding $100 billion in inflows [3] - The SPDR Portfolio S&P 500 ETF (SPLG) followed with $6.7 billion, and the Invesco QQQ Trust (QQQ) added $6.3 billion, with QQQ up about 24% year-to-date due to AI-driven enthusiasm in large-cap tech stocks [4] Demand for Crypto and Commodities - The iShares Bitcoin Trust ETF (IBIT) attracted $4.3 billion as Bitcoin approached a record near $125,000 before retreating towards $100,000 [5] - The SPDR Gold Shares (GLD) saw inflows of $3.6 billion as gold prices surged above $4,300 an ounce, reflecting a 63% increase year-to-date before slightly declining below $4,000 [5] International Flows - The JPMorgan BetaBuilders Europe ETF (BBEU) led international flows with $4 billion in October, up about 25% for the year [6] - The iShares U.S. Treasury Bond ETF (GOVT) was the only fixed income fund in the top ten, attracting $4.1 billion as the 10-year Treasury yield briefly dipped to 3.94% before rising to 4.09% [6] Outflows from Specific Sectors - The iShares Russell 2000 ETF (IWM) experienced the largest outflows in October, losing $4.1 billion as investors rotated out of small caps [7] - The Direxion Daily Semiconductor Bull 3X Shares (SOXL) saw outflows of $2.7 billion as traders took profits following a strong performance in semiconductor stocks like Nvidia [7]

Core Insights - The iShares U.S. Treasury Bond ETF (GOVT) was launched on February 14, 2012, by BlackRock, Inc. and is managed by BlackRock Fund Advisors, providing exposure to the entire U.S. Treasury curve with maturities ranging from 1 to 30 years [1]. Group 1 - The ETF charges an expense ratio of 0.05% [1]. - The fund targets Treasuries with maturities between 1 and 30 years, allowing investors to gain diversified exposure to U.S. government debt [1].