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But we saved everything 🙂.
Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, reports that VOO has officially reached $1 trillion in assets, making it the first ETF to ever attain this milestone.
Balchunas highlights the rapid growth from $660 billion just 12 months ago and describes the achievement as unbelievable, emphasizing the ETF's popularity and value for U.S. investors.
In earlier commentary, Balchunas compared a Bitcoin decline to the market's reaction during the taper tantrum following news of Saylor's sale, as covered here. He has also addressed alternative asset strategies, noting in a podcast that Hyperliquid allocates 99% of its fees to buying back its token, as reported previously. These observations highlight Balchunas's ongoing focus on market responses and asset management trends.