Purchases of ETFs dropped in April to their lowest level since the Covid crisis. Net inflows slipped to $27.4bn in April, according to data from BlackRock, down from $117.4bn in March and the lowest figure since March 2020.
ETF Newz Says:
Lots of money on the sidelines right now as the fear index is running high. ETFs because of their unique redemption/creation process are seeing a good deal of redemptions.