BIL Gains $787M in Assets as Trump/Musk Feud Rattles Markets
- BIL led ETF inflows amid Tesla's Thursday tumble.
- QQQ and IVW saw outflows while TLT and IBIT attracted inflows.
The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) attracted $786.7 million, boosting its assets under management to $44.2 billion, according to data provided by FactSet. The inflows came as the S&P 500 fell 0.5% and Tesla plunged more than 14% amid an escalating feud between President Donald Trump and CEO Elon Musk.
The SPDR S&P 500 ETF Trust (SPY) pulled in $715.2 million, while the YieldMax MSTR Option Income Strategy ETF (MSTY) gained $385.9 million. The iShares 20+ Year Treasury Bond ETF (TLT) attracted around $311 million, and the iShares Bitcoin Trust ETF (IBIT) collected nearly $284 million.
The Invesco QQQ Trust (QQQ) saw outflows of $978.4 million despite tech strength earlier in the week. The iShares S&P 500 Growth ETF (IVW) lost $479.2 million, while the Direxion Daily Semiconductor Bull 3x Shares (SOXL) experienced outflows of $352.5 million. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) shed $280.4 million.
U.S. fixed-income ETFs collected $2.5 billion in net inflows, while U.S. equity ETFs gained $887.7 million. International equity ETFs attracted $628.9 million, and international fixed-income ETFs pulled in $373 million. Overall, ETFs gained $4.3 billion as investors moved into short-term Treasurys following Trump's phone call with Chinese President Xi Jinping and concerns about softening labor market data.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | 786.56 | 44,224.99 | 1.78% |
| SPY | SPDR S&P 500 ETF Trust | 715.24 | 609,313.91 | 0.12% |
| MSTY | YieldMax MSTR Option Income Strategy ETF | 385.91 | 4,913.91 | 7.85% |
| DFUV | Dimensional US Marketwide Value ETF | 340.26 | 11,455.92 | 2.97% |
| TLT | iShares 20+ Year Treasury Bond ETF | 310.97 | 49,832.98 | 0.62% |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | 293.27 | 16,874.96 | 1.74% |
| IBIT | iShares Bitcoin Trust ETF | 283.96 | 69,597.75 | 0.41% |
| IVV | iShares Core S&P 500 ETF | 209.62 | 587,748.68 | 0.04% |
| AGG | iShares Core U.S. Aggregate Bond ETF | 205.75 | 125,565.79 | 0.16% |
| VOO | Vanguard S&P 500 ETF | 196.41 | 664,143.40 | 0.03% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| QQQ | Invesco QQQ Trust Series I | -978.37 | 338,382.11 | -0.29% |
| IVW | iShares S&P 500 Growth ETF | -479.20 | 56,940.57 | -0.84% |
| SOXL | Direxion Daily Semiconductor Bull 3x Shares | -352.52 | 12,201.73 | -2.89% |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | -280.39 | 30,293.38 | -0.93% |
| SPXL | Direxion Daily S&P 500 Bull 3x Shares | -266.03 | 5,093.78 | -5.22% |
| FBTC | Fidelity Wise Origin Bitcoin Fund | -197.04 | 20,693.71 | -0.95% |
| COWZ | Pacer US Cash Cows 100 ETF | -181.21 | 20,822.91 | -0.87% |
| IWM | iShares Russell 2000 ETF | -166.87 | 61,875.92 | -0.27% |
| VTV | Vanguard Value ETF | -136.47 | 133,272.30 | -0.10% |
| FTEC | Fidelity MSCI Information Technology Index ETF | -120.57 | 13,123.17 | -0.92% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | -25.30 | 10,002.89 | -0.25% |
| Asset Allocation | 54.62 | 25,036.07 | 0.22% |
| Commodities ETFs | 224.29 | 216,080.00 | 0.10% |
| Currency | 111.63 | 142,868.21 | 0.08% |
| International Equity | 628.93 | 1,809,268.18 | 0.03% |
| International Fixed Income | 373.03 | 292,908.39 | 0.13% |
| Inverse | 194.30 | 14,580.51 | 1.33% |
| Leveraged | -625.90 | 122,944.73 | -0.51% |
| US Equity | 887.70 | 6,853,064.03 | 0.01% |
| US Fixed Income | 2,478.80 | 1,668,177.70 | 0.15% |
| Total: | 4,302.12 | 11,154,930.71 | 0.04% |
Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the exchanges.
