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ETF Purchases Fall in April

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.