ETF Inflows Surge on First Trading Day of the Year

According to ChainCatcher, Bloomberg ETF analyst Eric Balchunas reported on social media that ETFs recorded a significant inflow of $7.1 billion on January 2, the first trading day of the year for the U.S. stock market. If this pace continues, the annual inflow could reach $1.8 trillion, though this is considered an exaggerated estimate.The Vanguard S&P 500 ETF (VOO) maintained its leading position as usual. BlackRock's SGOV also remained prominent, while its Bitcoin spot ETF, IBIT, ranked tenth with an inflow of $287 million. The overall trend is similar to last year. Although the current data is preliminary and may contain noise, market narratives often begin to take shape early in the new year.