The SPDR Gold Shares ETF (GLD) pulled in $1.2 billion Thursday, boosting its assets to $93.9 billion, according to etf.com daily fund flows data. The inflows came as gold futures rose 3.2% to $3,177.50, marking the precious metal’s best day since April 2020, while the Dow Jones Industrial Average tumbled over 1,000 points.
Equity ETFs saw strong demand despite the market decline, with the SPDR S&P 500 ETF Trust (SPY) gaining $7.1 billion in fresh cash. The Invesco QQQ Trust (QQQ) attracted $4.4 billion, while the Vanguard S&P 500 ETF (VOO) added $1.5 billion.
The iShares Core S&P 500 ETF (IVV) experienced the largest outflows at $4.3 billion as markets gave back some of Wednesday’s historic rally following news that China would face a 145% cumulative tariff rate. China ETFs saw heavy selling, with the iShares China Large-Cap ETF (FXI) and KraneShares CSI China Internet ETF…
