##  [# ETFs Take In $43B, Push 2025 Flows to New Record](/sections/weekly-etf-flows/etfs-take-43b-push-2025-flows-new-record) 

 

# ETFs Take In $43B, Push 2025 Flows to New Record

 

 

ETF inflows hit $43.4 billion last week as investors piled into U.S. stocks, Treasuries and international equities.



 

 

 

 

 [![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)

 Nov 17, 2025

 Edited by: ETF.com Staff

 

 

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U.S.-listed ETFs absorbed $43.4 billion in the week ending Friday, Nov. 14, pushing year-to-date inflows to a fresh annual record of more than $1.17 trillion.  
  
Roughly half of last week’s haul went into U.S. equity ETFs, which gathered $22.5 billion. Another $7.8 billion flowed into U.S. fixed income ETFs, $7.5 billion into international equity ETFs, $3.7 billion into international fixed income ETFs, and $2.7 billion into leveraged ETFs. Commodity funds added $1.2 billion, while currency ETFs bled $1.7 billion.

## Broad U.S. Equity Still Dominates

Large-cap stocks once again led the pack. The [**Vanguard S&amp;P 500 ETF (VOO)**](/voo) took in $6.6 billion, while the [**iShares Core S&amp;P 500 ETF (IVV)**](/ivv) added $3.6 billion. VOO’s year-to-date total now stands at $112 billion, extending its lead as the top ETF of 2025 by a wide margin.  
  
The strong flows came despite a tough week for stocks. Concerns about the durability of the AI boom weighed on markets, with investors debating whether the tech names powering the year’s gains can keep running. The S&amp;P 500 slipped more than 3% from its record high, while the Nasdaq-100 fell about 5% from its own peak.

 
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## Treasury Demand Stays Firm

Bond yields ticked higher, with the 10-year Treasury holding above 4.1%. Still, demand for duration among ETF investors was strong. [**The iShares 7-10 Year Treasury Bond ETF (IEF)**](/ief) saw $3.5 billion in inflows, good enough to put it at the No. 3 spot on the weekly leaderboard.  
  
The [**iShares Russell 2000 ETF (IWM)**](/iwm) followed with $1.5 billion in inflows. Small caps have been stuck in a slump; IWM is up just 6% in 2025, less than half of VOO’s 14% gain. But last week’s inflows suggest some investors are positioning for a rebound or simply rebalancing into the underperformers.  
  
Meanwhile, international equities continue to outperform U.S. stocks, and investors are taking note. The [**iShares Core MSCI EAFE ETF (IEFA)**](/iefa) pulled in $1.3 billion, while the [**iShares Core MSCI Emerging Markets ETF (IEMG)**](/iemg) added $1.2 billion. The two ETFs are up 30% and 27%, respectively, year-to-date, sharply ahead of VOO.

## MBS and Bitcoin Funds Lead the Losses

On the outflows side, the [**iShares MBS ETF (MBB)**](/mbb) shed $1.3 billion, the largest weekly loss among fixed income funds.  
  
Crypto-linked ETFs were also hit hard, with three bitcoin products landing in the top 10 outflows list for the week: the [**Fidelity Wise Origin Bitcoin Fund (FBTC)**](/fbtc), which lost $344 million; the [**Roundhill Bitcoin Covered Call Strategy ETF (YBTC)**](/ybtc), which shed $303 million; and the [**Grayscale Bitcoin Mini Trust ETF (BTC)**](/btc), which saw $294 million in outflows, as the price of bitcoin fell to a six-month low below $95,000 last week.  
  
For the complete lists of last week’s top inflows and outflows, see the tables below.

##   
**Top 10 Creations (All ETFs)**

TickerNameNet Flows ($, mm)AUM ($, mm)AUM % Change&lt;[VOO](https://www.etf.com/voo)[Vanguard S&amp;P 500 ETF](https://www.etf.com/voo)6,589.43797,035.000.83[IVV](https://www.etf.com/ivv)[iShares Core S&amp;P 500 ETF](https://www.etf.com/ivv)3,588.32713,807.690.50[IEF](https://www.etf.com/ief)[iShares 7-10 Year Treasury Bond ETF](https://www.etf.com/ief)3,525.7943,977.388.02[IWM](https://www.etf.com/iwm)[iShares Russell 2000 ETF](https://www.etf.com/iwm)1,489.8768,402.472.18[DIA](https://www.etf.com/dia)[SPDR Dow Jones Industrial Average ETF Trust](https://www.etf.com/dia)1,369.4241,745.093.28[IEFA](https://www.etf.com/iefa)[iShares Core MSCI EAFE ETF](https://www.etf.com/iefa)1,333.51159,987.010.83[QQQ](https://www.etf.com/qqq)[Invesco QQQ Trust Series I](https://www.etf.com/qqq)1,229.57400,999.450.31[IEMG](https://www.etf.com/iemg)[iShares Core MSCI Emerging Markets ETF](https://www.etf.com/iemg)1,178.75116,309.951.01[SGOV](https://www.etf.com/sgov)[iShares 0-3 Month Treasury Bond ETF](https://www.etf.com/sgov)853.9561,241.031.39[XBI](https://www.etf.com/xbi)[SPDR S&amp;P BIOTECH ETF](https://www.etf.com/xbi)838.297,269.9711.53## **Top 10 Redemptions (All ETFs)**

TickerNameNet Flows ($, mm)AUM ($, mm)AUM % Change[SPY](https://www.etf.com/spy)[SPDR S&amp;P 500 ETF Trust](https://www.etf.com/spy)-1,712.24693,035.10-0.25[MBB](https://www.etf.com/mbb)[iShares MBS ETF](https://www.etf.com/mbb)-1,295.6740,117.99-3.23[SPTL](https://www.etf.com/sptl)[SPDR Portfolio Long Term Treasury ETF](https://www.etf.com/sptl)-1,177.4811,395.87-10.33[QQXT](https://www.etf.com/qqxt)[First Trust Nasdaq-100 Ex-Technology Sector Index Fund](https://www.etf.com/qqxt)-613.03479.88-127.75[XLY](https://www.etf.com/xly)[Consumer Discretionary Select Sector SPDR Fund](https://www.etf.com/xly)-486.6923,528.21-2.07[XLB](https://www.etf.com/xlb)[Materials Select Sector SPDR Fund](https://www.etf.com/xlb)-420.075,176.33-8.12[FBTC](https://www.etf.com/fbtc)[Fidelity Wise Origin Bitcoin Fund](https://www.etf.com/fbtc)-343.6019,606.60-1.75[RSP](https://www.etf.com/rsp)[Invesco S&amp;P 500 Equal Weight ETF](https://www.etf.com/rsp)-307.1772,886.88-0.42[YBTC](https://www.etf.com/ybtc)[Roundhill Bitcoin Covered Call Strategy ETF](https://www.etf.com/ybtc)-303.09275.66-109.95[BTC](https://www.etf.com/btc)[Grayscale Bitcoin Mini Trust ETF](https://www.etf.com/btc)-294.094,455.60-6.60## **ETF Weekly Flows By Asset Class**

 Net Flows ($, mm)AUM ($, mm)% of AUMAlternatives-7.4112,686.80-0.06%Asset Allocation190.7230,897.320.62%Commodities E T Fs1,209.86307,190.840.39%Currency-1,709.14159,471.33-1.07%International Equity7,515.372,184,915.670.34%International Fixed Income3,680.20355,048.291.04%Inverse-482.5413,706.77-3.52%Leveraged2,689.01153,534.481.75%Us Equity22,472.777,952,666.530.28%Us Fixed Income7,758.311,869,119.530.42%**Total:****43,317.15****13,039,237.55****0.33%**Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.





 

 

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 [ 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)

 



 

 


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