GBTC - U.S. Weekly FundFlows Insight Report: Money Markets Report Weekly Outflow Of $118.5 Billion Third Largest On Record

2024-04-19 08:50:00 ET

Summary

• During LSEG Lipper’s fund-flows week that ended April 17, 2024, investors were overall net redeemers of fund assets (including both conventional funds and ETFs) for the fourth week in five, removing an astonishing $143.5 billion.
• Alternative investments (+$117 million) was the only group to attract inflows since last Thursday.
• After reporting their second-largest weekly outflow of year, money market funds suffered their third-largest weekly outflow on record.

By Jack Fischer

During LSEG Lipper’s fund-flows week that ended April 17, 2024, investors were overall net redeemers of fund assets (including both conventional funds and ETFs) for the fourth week in five, removing an astonishing $143.5 billion - the largest weekly outflow since the week ending September 16, 2009.

Alternative investments (+$117 million) was the only group to attract inflows since last Thursday....

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