S&P 500 and Equity ETF Flows ETF equity inflows aren’t necessarily a sell signal for the S&P 500 right now, but they spotlight a market chasing risk. With stocks and flows climbing fast together, sentiment could face a tougher stretch in 2026. Image: Strategas Asset Management
Sector ETF Flows ETF flows held strong as 2025 progressed, with another solid week for equity funds, while investors kept rotating from Financials to Healthcare. Image: Strategas Asset Management
U.S. ETF and Mutual Fund Flows In 2025, many investors have been favoring the relative safety of bonds and money market funds over riskier equities, amid geopolitical tensions, and persistently high interest rates. Image: Goldman Sachs Global Investment Research
Total Known Gold ETFs Holdings Gold’s shine isn’t fading. ETF holdings just hit a three‑year high, and even with this week’s selloff, gold prices are still up over 50% this year. Image: Bloomberg
U.S. ETF Flows Cash is flooding into U.S. ETFs—over $1 trillion so far in 2025—a record-breaking surge running more than three times the usual seasonal pace as investors chase diversification and tactical flexibility. Image: Bloomberg
Gold ETF Holdings The surge in Western gold ETF holdings tells a story of fragile nerves and strong convictions—uncertain macro signals, anticipated rate cuts, and a search for safety pushing both private investors and central banks deeper into bullion. Image: Goldman Sachs Global Investment Research
Gold ETF Holdings and COMEX Open Interest The confluence of rising gold ETF holdings, speculative flows, central bank buying, and macroeconomic factors has created strong bullish momentum for gold, which is likely to persist through the remainder of 2025 and into 2026. Image: Goldman Sachs Global Investment Research
Median Monthly Flow into Equity Mutual Funds and ETFs as a % of Total AUM August has historically been a challenging month for equity markets, often marked by lower investor activity and net outflows from equity funds. Image: Goldman Sachs Global Investment Research
Cumulative Flows in All Bitcoin Funds and Gold ETF Holdings The past month has seen a clear preference for Bitcoin over gold among investors, driven by a shift toward riskier assets, robust technical performance, and accelerating ETF inflows into Bitcoin. Image: Goldman Sachs Global Investment Research
Weekly Net Flow to U.S. Bitcoin and Gold ETFs Over the past five weeks, U.S.-listed Bitcoin ETFs have attracted more than $9 billion, while gold-backed ETFs have seen outflows of $2.8 billion. This trend highlights Bitcoin’s growing recognition as a credible hedge in investment portfolios. Image: Bloomberg
U.S. Bitcoin ETF Flows U.S. Bitcoin ETFs have experienced strong inflows. Bitcoin has rebounded over 20% from its early April low, surpassing $90,000. During this period, Bitcoin has significantly outperformed U.S. equities. Image: Bloomberg