But recent fund flow data seems to show in a different result as what we had always thought.
Traders Get Whiplash After Fastest Ever Fund Flow Swing From Euphoria To Despair <source:trulytimes.com>
“US equity funds and ETFs reported $26.87 Bil of outflows, the largest weekly outflow since December 2018 and the third largest outflow ever, more than reversing a $22.67 Bil inflow one week earlier.”
It seems that ETF no longer meant for “passive investors” but more for trading nowadays.
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