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Bank of America Spotlights Unprecedented Inflows into US Stocks and Cryptocurrencies

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Bank of America has unveiled report detailing unprecedented inflows into U.S. stocks and cryptocurrencies

record-breaking inflows into both U.S. stocks and cryptocurrencies. Spearheaded by Chief Investment Strategist Michael Hartnett, the analysis reported a staggering $56.1 billion surge into U.S. stock funds. This is the largest single-week influx ever recorded. offering spot bitcoin exchange-traded funds to their clients. This shows the growing acceptance of digital assets among traditional financial institutions.

Nice look at 2024 YTD ETF flows by category.. US growth stocks and bitcoin are stories of year so far.. corp bonds up there as well.. Notable Japan and EM both making rare appearance. Gold ETFs in the gutter is also interesting. Via

 

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