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But we saved everything 🙂.
Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, reports that USFR, a floating rate ETF, attracted $800 million in inflows on Friday, marking the largest single-day flow in its history.
The surge follows positive sentiment toward the ETF's consistent price performance.
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Balchunas has previously highlighted investor behavior in bond ETFs, noting continued inflows to TLT despite price declines in his recent coverage. He also reported that Northern Trust will convert $33 billion from mutual funds to ETFs, instantly doubling its ETF assets, according to an earlier report. These developments reflect ongoing activity and interest in the ETF market.