June ETF Flows Highlights

• US exchange-traded fund inflows surpassed $192.9 billion in June
• Technology ETFs accounted for more than $15 billion of that, driven by memory chip- and semiconductor-focused ETFs
• The lion’s share of assets continued to pour into S&P 500 ETFs
• Vanguard S&P 500 ETF VOO became the first ETF to cross the $1 trillion threshold
• SPDR Gold Shares ETF GLD shed $50 billion from its January peak of $188 billion through the end of June, following weak performance
• Digital asset ETFs continued to lose money as cryptocurrency investors lost confidence in a recovery
• BlackRock’s iShares ETFs dominated inflows and brought in more than twice as much new money as second-place Vanguard

The exhibit below shows June returns for a sample…