Bloomberg Analyst: June ETF Market Records Crazy-Level Data, Fund Inflows and New Products Both Off the Charts
Bloomberg senior ETF analyst Eric Balchunas posted that the June ETF market showed "JUNE-SANITY (June Madness)" level performance, with multiple indicators approaching or breaking historical records. Data shows that net ETF inflows for the month reached $191 billion, marking the second-highest single-month level on record, with average daily inflows of approximately $9 billion across about 2,700 different funds.