S&P 500 Records Eight-Week Rally, Sparks $5–7B Daily ETF Inflows
Equity ETFs have seen consistent inflows of $5–7 billion per day recently, driven by legacy asset managers converting mutual funds into passive products and boosting S&P 500 offerings. The S&P 500 extended its winning streak to eight consecutive weeks, marking a new record high and elevating demand for IVV.
1. Record High and Weekly Gains
The S&P 500 reached a new all-time high after eight consecutive weekly gains, marking the longest streak since 2023 and highlighting robust market momentum that benefits broad-market ETFs like IVV.
2. Surge in ETF Inflows
Equity ETFs attracted $5–7 billion daily in recent weeks as legacy asset managers convert mutual funds into ETF wrappers, driving substantial growth in flagship S&P 500 offerings and reinforcing the trend toward passive investing.