Bloomberg ETF Analyst: On the first trading day of U.S. stocks, BlackRock's IBIT ranked tenth in inflows among all ETFs

Bloomberg ETF analyst Eric Balchunas posted on social media that ETFs recorded an inflow of $7.1 billion on January 2 (the first trading day of the year for U.S. stocks). If this pace continues, the inflow for the year could reach $1.8 trillion (an exaggerated statement).

VOO (the ETF tracking the S&P 500 under Vanguard) remains at the top as usual. BlackRock's SGOV is still on the list, with its Bitcoin spot ETF IBIT ranking tenth with an inflow of $287 million. The overall trend is very similar to last year. Although the current data is still early and may contain noise, market narratives often begin to take shape in the early days of the new year.