ETFs tracking robotics and AI have pulled in roughly $105 million in March, while other thematic strategies like clean energy, electric cars and cloud computing all saw outflows.
Assets in SCHI have surged more than ten-fold from the end of last week, racking up the largest inflows among US ETFs tracked by Bloomberg over that period.
Thematic ETFs that launched to target the buzziest market themes of the past two years are closing at a rapid pace, as rising interest rates hammer performance and send investors in search of safer options.
With just a handful of highfliers driving the S&P 500 into positive territory this quarter, dreams of a new bull market need a reality check.
The OCIO for financial advisors, which launched in November 2022, built the new feature to source investment options.
The upcoming 'Shanghai' upgrade will enable users to access their staked ETH and rewards at any time.
More than $5 trillion is now squirreled away in money-market funds.
Assets in Schwab 5-10 Year Corporate Bond ETF (ticker SCHI) swelled to a record $2.33 billion on Monday from around $356 million previously.
The sudden $4 billion outflow from BlackRock shows how concentration risk is making a bad situation worse for sustainable investment.
