Post-SpaceX IPO, Investors Pour $83B Into U.S. Equities
The article reports a strong week for U.S. equity ETF inflows, driven by investor enthusiasm around the SpaceX IPO and continued demand for large-cap and technology exposure. U.S. equities attracted $83.6 billion, the largest asset-class inflow, while the iShares Core S&P 500 ETF (IVV) saw the biggest creation, though the article notes that passive S&P 500 exposure still dominated despite outflows from some other S&P 500 funds. Technology-focused ETFs such as XLK and semiconductor ETF SMH also drew significant money, highlighting persistent appetite for tech and semiconductor themes. The piece also notes that SpaceX is expected to enter passive indexes as early as this week, reinforcing the event-driven flow narrative. Overall, the market tone is bullish for U.S. stocks and risk assets, while interest in commodities and currencies remained muted.