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But we saved everything 🙂.
QQQ tops $71 billion traded, Eric Balchunas notes
Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, reports that QQQ saw a record trading volume of $71 billion on Friday, making it the most traded equity globally, ahead of SPY, MU, TSLA, and NVDA.
Balchunas highlights that this volume far surpasses QQQ's biggest trading days from a decade ago, calling it the crown jewel of the financial world.
Balchunas has previously commented on major ETF milestones, noting when VOO became the first ETF to surpass $1 trillion in assets after rising from $660 billion in a year. He has also drawn parallels between Bitcoin’s decline and the historic taper tantrum following Saylor's sale, as covered in an earlier report. These events underscore Balchunas’s focus on significant shifts in trading volumes and asset flows.
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