US Crypto Exchange-Traded Funds Beat Out Vanguard’s Legendary S&P 500 ETF in Record-Setting Month of Inflows: Analyst
Description
New data from senior Bloomberg analyst Eric Balchunas reveals that US crypto ETFs (exchange-traded funds) beat out Vanguard’s renowned S&P 500 ETF (VOO) in July. In a new thread on the social media platform X, Balchunas notes that US crypto ETFs had a staggering $12.8 billion worth of inflows in July, outpacing all other ETFs, including VOO, which currently has $713.13 billion in assets under its management . “US Crypto ETFs took in $12.8 billion in July, the best month ever, [at] a $600m/day pa...
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