## [# 2024 ETF Inflows Topped $1.1T, Shattering Previous Record](/sections/monthly-etf-flows/2024-etf-inflows-top-11-trillion-shattering-record) # 2024 ETF Inflows Topped $1.1T, Shattering Previous Record Investors pushed billions of dollars into stock and crypto ETFs during 2024. Here are the most (and least) popular ETFs. [![sumit](/sites/default/files/styles/author_image_icon/public/2023-03/Sumit_0.png?itok=SO-7S5SH "sumit")](/authors/sumit-roy) [By Sumit Roy ](/authors/sumit-roy) Jan 02, 2025 Edited by: Kiran Aditham [ + Follow ](/etf/login) Share Email LinkedIn Facebook X (Twitter) googletag.cmd.push(function() { googletag.display('js-dfp-tag-article_page_302x26'); }); Loading /* General table container styles */ .table-container { display: flex; flex-direction: column; width: 100%; max-width: 950px; margin: 0 auto; border: 1px solid #ddd; font-family: Arial, sans-serif; background-color: #ffffff; line-height: 1.5; } /* Style for each row */ .row { display: flex; flex-wrap: wrap; border-bottom: 1px solid #ddd; --bs-gutter-x: 0rem; } /* Style for each cell */ .cell { flex: 1 1 25%; /* Default: Each cell takes up 1/2 row width */ padding: 10px; box-sizing: border-box; text-align: center; font-size: 14px; border-right: 1px solid #ddd; /* Added border to all cells */ } /* Header row styles */ .header { font-weight: bold; text-align: center; } /* Link styles */ .asset-link, .ticker-link { color: #007BFF; text-decoration: none; } .asset-link:hover, .ticker-link:hover { text-decoration: underline; } /* Mobile adjustments */ @media (max-width: 480px) { .cell { flex: 1 1 100%; /* Cells take full width on small screens */ text-align: left; } } It’s official: 2024 was a record year for ETF inflows. When all was said and done, $1.12 trillion flowed into U.S.-listed exchange-traded funds during the year, almost double the $600 billion of inflows seen in 2022 and 2023, respectively. 2024’s inflows also handily topped the $900 billion from 2021, the previous calendar year record for inflows. A strong year for U.S. stock market returns motivated investors to push money into ETFs. The S&P 500 surged by 25% in 2024, nearly matching the 26.3% gain from the previous year. It was the first instance of back-to-back gains of 20% or more for the S&P 500 since the late-1990s. Unsurprisingly, given the strength in U.S. stocks, investors put most of their money to work in stock ETFs. Two-thirds of all inflows, or more than $750 billion, went into equity ETFs. Of that, an incredible $113 billion went into the [**Vanguard S&P 500 ETF (VOO)**](/VOO) and another $85 billion went into the [**iShares Core S&P 500 ETF (IVV)**](/IVV). 2024 marked the first time any individual ETF has seen inflows of more than $100 billion in a calendar year. VOO now has $584 billion in assets under management, putting it within striking distance of overtaking the $626 billion [**SPDR S&P 500 ETF Trust (SPY)**](/SPY) as the world’s largest ETF (SPY had inflows of around $22 billion in 2024). The strong returns for the S&P 500 were powered by tech stocks like Nvidia Corp. and Apple Inc. Those stocks, which have an even greater presence in the [**Invesco QQQ Trust (QQQ)**](/QQQ), rode the AI wave to enormous gains in 2024. QQQ had inflows of almost $24 billion in 2024. ## Fixed Income Lags, Crypto Takes Off While U.S. stocks celebrated strong returns and inflows, the same can’t be said for fixed-income ETFs. The iShares Core U.S. Aggregate Bond ETF (AGG) finished the year with just a 1.3% return. A selloff in bonds at the end of the year erased gains from earlier in the year. Still, despite the tepid returns, investors put $303 billion into fixed-income ETFs, including $21 billion into AGG and almost $19 billion into the [**Vanguard Total Bond Market ETF (BND)**](/BND). While bonds struggled in 2024, another asset class took off. Cryptocurrency ETFs, which entered a new era with the approval of spot bitcoin ETFs in January 2024, soared while attracting billions of dollars of inflows. The [**iShares Bitcoin Trust (IBIT)**](/IBIT) had inflows of more than $37 billion during the year, propelling its AUM to over $50 billion. The price of the ETF doubled in the same period. Inflows for the category as a whole totaled $38 billion despite $21 billion of outflows from the [**Grayscale Bitcoin Trust (GBTC)**](/GBTC). Previously a quasi-closed-end fund, GBTC’s conversion to an ETF spurred massive outflows as arbitrageurs closed their positions and investors swapped the fund for cheaper alternatives. googletag.cmd.push(function() { googletag.display('js-dfp-tag-in_article_unit'); }); ## Biggest Losers GBTC had the largest outflows of any U.S.-listed ETF in 2024. The [**iShares MSCI USA Min Vol Factor ETF (USMV)**](/USMV), the [**ProShares UltraPro QQQ (TQQQ)**](/TQQQ), the [**iShares TIPS Bond ETF (TIP)**](/TIP), and the [**iShares iBoxx USD High Yield Corporate Bond ETF (HYG)**](/HYG) rounded out the top five asset losers. For a full list of the top inflows and outflows from 2024, see the tables below: ## Top 10 Inflows Ticker Name Net Flows % of AUM [VOO](/VOO) [Vanguard S&P 500 ETF](/VOO) $112,563,000,000 19% [IVV](/IVV) [iShares Core S&P 500 ETF](/IVV) $84,836,000,000 15% [IBIT](/IBIT) [iShares Bitcoin Trust](/IBIT) $37,229,000,000 71% [VTI](/VTI) [Vanguard Total Stock Market ETF](/VTI) $29,338,200,000 6% [QQQ](/QQQ) [Invesco QQQ Trust](/QQQ) $23,639,300,000 7% [AGG](/AGG) [iShares Core U.S. Aggregate Bond ETF](/AGG) $20,919,400,000 17% [SPLG](/SPLG) [SPDR Portfolio S&P 500 ETF](/SPLG) $20,209,300,000 38% [BND](/BND) [Vanguard Total Bond Market ETF](/BND) $18,747,400,000 15% [RSP](/RSP) [Invesco S&P 500 Equal Weight ETF](/RSP) $16,937,400,000 24% [VUG](/VUG) [Vanguard Growth ETF](/VUG) $15,405,000,000 10% ## Top 10 Outflows Ticker Name Net Flows % of AUM [GBTC](/GBTC) [Grayscale Bitcoin Trust ETF](/GBTC) $(21,260,700,000) -110% [USMV](/USMV) [iShares MSCI USA Min Vol Factor ETF](/USMV) $(7,303,240,000) -32% [TQQQ](/TQQQ) [ProShares UltraPro QQQ](/TQQQ) $(5,851,580,000) -23% [TIP](/TIP) [iShares TIPS Bond ETF](/TIP) $(4,974,090,000) -36% [HYG](/HYG) [iShares iBoxx USD High Yield Corporate Bond ETF](/HYG) $(4,575,860,000) -31% [TFLO](/TFLO) [iShares Treasury Floating Rate Bond ETF](/TFLO) $(3,748,210,000) -57% [ETHE](/ETHE) [Grayscale Ethereum Trust](/ETHE) $(3,617,120,000) -75% [XLE](/XLE) [Energy Select Sector SPDR Fund](/XLE) $(3,305,840,000) -10% [SHY](/SHY) [iShares 1-3 Year Treasury Bond ETF](/SHY) $(3,152,640,000) -14% [ARKK](/ARKK) [ARK Innovation ETF](/ARKK) $(3,032,090,000) -48% ## Net Flows Asset Class 2024 Asset Class Net Flows [Alternatives](/topics/Alternatives) $3,614,212,859 [Asset Allocation](/topics/Asset-Allocation) $3,787,630,560 [Commodities](/topics/Commodities) $1,393,492,965 [Currency](/topics/Currency) $43,776,168,416 [Equity](/topics/Equity) $753,440,673,914 [Fixed Income](/topics/Fixed-Income) $303,479,149,697 [Leveraged](/topics/Leveraged) $10,700,049,851 [Inverse](/topics/Inverse) $2,531,837,079 Total $1,122,723,215,341 [ + Follow ](/etf/login) [ Sumit Roy Senior ETF Analyst ](/authors/sumit-roy) Sumit Roy is the senior ETF analyst for etf.com and author of (Don't) Invest Like a Pro. He creates a variety of content for the platform, including… [View Bio](/authors/sumit-roy) Related Topics [Equity](http://www.etf.com/topics/equity) [Fixed Income](http://www.etf.com/topics/fixed-income) [Bond](http://www.etf.com/topics/bond) [Crypto](http://www.etf.com/topics/cryptocurrency)