USFR ETF sees record $800 million in inflows, Eric Balchunas notes

USFR ETF sees record $800 million in inflows, Eric Balchunas notes
USFR ETF posts record inflows

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.

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.

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