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ETF inflows on track to shatter 2020 record
Flows into exchange-traded funds have been unprecedented this year, even against the backdrop of a record 2020. Despite market valuations and inflation threats, financial advisers are keeping the pedal to the metal.
July 6, 2021 3 MINS
If flows into ETFs is any indication, investors and financial advisers are going full steam ahead into this market, shunning warnings of market bubbles and inflationary threats.
Through the end of June, net flows into exchange-traded funds reached $473 billion, which is just $31 billion shy of the record $504 billion for all of 2020.
“Part of the reason for the large flows is people have extra money,” said John Bovard, owner of Incline Wealth Advisors.