Posting a 24% annual return in the broader index it tracks, the biggest exchange-traded fund worldwide, the SPDR S&P 500 Trust (SPY, Financial), attracted $16.49 billion in inflows in 2024. This was the first annual rise of more than 20% for the S&P 500 since 1997–1998, therefore underlining Wall Street's ongoing bull market beginning in October 2022.The year saw strong improvements across most major indexes as the Dow Jones Industrial Average grew 13%, the S&P 500 climbed 24%, and the Nasdaq exploded 30%.W
Wth a record $34.29 billion inflow, the Bitcoin ETF iShares Bitcoin Trust (IBIT, Financial) stood out as the best performer in ETF flows though. Rising 109.89% in 2024, Bitcoin itself crossed the $100,000 mark for the first time on December 14, pushed by political events like Trump's November 2024 electoral success. At $93,398.60 Bitcoin closed the year.Though the market is generally strong, six of the eleven S&P 500 sectors had outflows for the year, which illustrates varying investor mood inside sectors. With digital assets like Bitcoin mostly benefiting from investment patterns of this year, the moves draw attention on shifting market dynamics.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.