Wall Street bull statue covered in snow on November 15, 2018.
Eric McGregor | Rocket | Getty Images
A record year for the exchange-traded fund industry recently passed another milestone, surpassing $1 trillion in all-time inflows for the first time, according to the research firm. ETFGI and has Institute of Investment Companies.
This is the most requested fund this year Vanguard S&P 500 ETF (VOO) .has raised roughly $100 billion, according to FactSet. It is the fastest growing new fund iShares Bitcoin Trust (IBIT)which has attracted more than $34 billion since its launch in January.
Top US ETFs by 2024 Inflows
| fund | ticker | Annual tickets |
|---|---|---|
| Vanguard S&P 500 ETF | THE FLIGHT | 100,100 billion dollars |
| iShares Core S&P 500 ETF | IVV | 61 billion dollars |
| iShares Bitcoin ETF | He will go | 34,800 billion dollars |
| Vanguard Total Stock Market ETF | LHH | 26,700 billion dollars |
| Invesco QQQ Trust | QQQ | 26,600 billion dollars |
Source: FactSE
The rise in ETFs is a reflection of U.S. investor confidence in financial markets and a decline in the popularity of mutual funds, which have seen more than $200 million in outflows this year, according to a Nov. 30 report from State Street Global Advisors. . There have also been some mutual fund managers converting their products in ETFs.
The previous record for U.S. ETF inflows was about $920 billion in 2021, and they now hold more than $10 trillion in assets, according to ETFGI.
