April Saw Massive ETF Inflows With the Masses Dumping Money Into Bitcoin No Fear

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When the stock market fell in April, even though the VIX had a huge spike, there was zero fear among the masses. In fact the month saw massive money inflows into ETF’s, with Bitcoin ETF’s getting over $607 million in inflows.

The only group of ETF’s that actually saw outflows were commodity ETF’s, as the masses have lost interest in investing in real physical things, as the crypto gurus tell them that gambles on the virtual world is where riches are to be made.

The biggest ETF with inflows was the Vanguard S&P 500 ETF VOO.

All the buys in that ETF help to push up the internals of the markets, as each buy into the ETF brings money into 500 stocks.