Weekly ETFs: Nine of 11 sectors record inflows; bitcoin leads outflows

The article reports weekly ETF fund flows as of July 3, highlighting significant rotation despite mixed price action. SPDR S&P 500 ETF Trust (SPY) saw $7.38B in outflows even as it rose 0.51% for the week, while iShares Bitcoin Trust ETF (IBIT) also posted heavy outflows of $1.18B. Across sector ETFs, industrials attracted the most inflows ($623.07M) and energy had the largest outflows ($493.98M). Notably, the 11 sector ETFs together still recorded net inflows of $2.02B, led by industrials, communication services, and financials. The piece also notes that SPDR Gold Shares (GLD) and IBIT saw significant outflows despite rising prices for gold and Bitcoin, while US Oil Fund (USO) had moderate inflows. Overall, the data points to investors reallocating within equities and commodities rather than abandoning risk assets outright.