U.S. ETF Inflows Soar Past $47 Billion in May Driven by Tech & IBIT

Investors have poured a record-breaking $47.4 billion into U.S.-focused exchange traded funds (ETFs) since April 2nd, marking their largest inflow period on record. This surge is driven primarily by inflows in technology and IBIT (International Business Investment) ETFs, according to Bloomberg Intelligence data. Tech ETFs saw a particularly strong performance, generating the most inflows since early April, as highlighted by analyst Eric Balchunas.