U.S. ETF Assets Hit Record $8.9 Million on Market Rally: ETFGI

U.S. exchange-traded fund assets reached a record $8.87 trillion at the end of the first quarter as investors poured money into ETFs to reap the benefits of the rising market, according to ETFGI, a London-based research firm.

According to ETFGI's ETF and ETP Industry Insights report, investors invested $232.2 billion in ETFs in the first quarter, including $103.2 billion in March alone.

This new record exceeds the $8.54 trillion benchmark set at the end of February. Year-to-date, sector assets are up 9.3%. March also marked the 23rd consecutive month of ETF inflows.

The sector's growth has been fueled by the stock market's resurgence over the past year, which itself has been fueled by a rise in tech stocks driven by artificial intelligence, and ETF assets have swelled in value as investors have flooded into the stock market to try to ride the bull market. According to ETFGI, the S&P 500 index rose 3.2% in March and is up 11% year to date.

"In March, investors tended to invest in stock ETFs," Deborah Fuhr, founder of ETFGI and partner of Gwen Carpet, said in a statement. "Fuhr is a member of the editorial advisory board of etf.com.

International markets outside the U.S. have also recovered. The Emerging Markets Index grew 1.51 TP3T in March and 21 TP3T so far this year, the statement said.

Bitcoin ETF Inflows

The S&P 500 ETF received the bulk of new inflows in March.SPDR S&P 500 ETF Trust (SPY)respond in singingVanguard S&P 500 ETF (VOO)The two funds with the highest net inflows were SPY, which gathered $14 billion in March, and Vanguard, which amassed $8 billion in March.

iShares Bitcoin Trust (IBIT)March inflows were the third highest of all ETFs at $6 million. The 10 new spot Bitcoin ETFs that have been trading since January have accumulated about $60 billion in assets.

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