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.
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.
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