Nvidia Crisis Fails to Stop ETF Buying Frenzy: VOO, QQQ, SOXL Leads $37.5B ETF Inflow Surge
Summary
Despite recent market turbulence and uncertainty surrounding Nvidia, investors poured billions into U.S. equity exchange-traded funds. The ten largest funds attracted a massive $37.5 billion surge over a five-day period ending in mid-November. This record-breaking influx highlights an unprecedented wave of dip-buying, with leveraged products unexpectedly leading the charge.
Investors are pouring billions into U.S. equity ETFs despite a turbulent week on Wall Street, with leveraged products emerging as unexpected beneficiaries of the latest buying spree. The 10 largest U.S. equity ETFs attracted more than $37.5 billion over the five trading sessions ending Nov. 10, according to The Kobeissi Letter, marking an unprecedented pace of dip-buying even as Nvidia…
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