ETFs Surpass $1T in Net Inflows as Crypto Sector Sees Contrasting Trend

The US-listed ETF market has reached a milestone, surpassing $1 trillion in net inflows before July. Goldman Sachs notes this figure as evidence of 'full-scale growth' in the industry.

The $1 trillion mark is a significant achievement for the ETF industry, which is on track to hit $2 trillion in annual inflows by year-end, marking a fourth consecutive year of record growth.

In June alone, net inflows reached approximately $210 billion, with $103 billion flowing into equity ETFs. The Vanguard S&P 500 ETF (VOO) has been a top performer, pulling in around $78 billion year to date through June.

However, the crypto-ETF sector is experiencing net outflows, with Bitcoin and Ethereum products witnessing withdrawals of around $4.21 billion during late May and early June.