Following Donald Trump's victory in the US presidential election, traders rushed to buy risk asset ETFs, largely unfazed by the prospect of rising interest rates threatening some strategies. On Wednesday, exchange-traded funds focusing on US stocks recorded an inflow of about $18 billion. Data shows that this nearly reaches 16 times the average daily inflow for 2024. The inflow of funds primarily reflects the 'Trump trade,' betting that the president-elect will ease regulatory stance on industries such as banks and cryptos, and support businesses mostly within the US. iShares Russell 2000 ETF (code: IWM) tracking small-cap stocks recorded a net inflow of $3.9 billion on Wednesday, marking the largest single-day inflow in over seventeen years. The SPDR S&P Regional Banking ETF (KRE) saw a record one-day inflow, while a fund under State Street tracking financial stocks attracted an inflow of $1.6 billion, the highest since 2016.
美股ETF大选次日吸金高达180亿美元 “特朗普交易”激发买盘狂潮
The US ETF attracted as much as $18 billion in assets on the day after the election, sparked by the 'Trump trade' frenzy.
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