The tweet was deleted by the author.
But we saved everything 🙂.
Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, observes a notable surge in inflows into the Barron's 400 ETF (BFOR).
Balchunas highlights that after spending 13 years with just $200 million in assets, the fund suddenly received $600 million, effectively quadrupling its size. He suggests the strong performance year-to-date may have drawn interest from larger investors or models.
Balchunas has tracked other ETF milestones in recent months. He reported when the VOO fund became the first ETF to surpass $1 trillion in assets after rising from $660 billion over 12 months. He has also commented on crypto markets, including Bitcoin's decline following a major sale by Michael Saylor.