Nvidia is delivering a bonanza to investors who piled into a handful of ETFs.
The e-commerce giant's index entry is another milestone in its rapid expansion.
A net $4.3 billion was pulled last year from ESG-focused ETFs in the U.S.
The pullback underscores how confident investors are that the Fed has brought inflation back under control.
Funds from BlackRock and Fidelity funds have seen largest investor inflows.
The SEC's X account was compromised by a fake post claiming that the agency had green lit plans for the ETFs.
Many market prognosticators were caught wrong-footed last year by predictions that the US stock market would bottom in 2023.
But Jeremy Grantham's largest fund is still betting on tech giants such as Microsoft and Apple.
Exchange-traded-fund issuers have liquidated or delisted 234 products so far this year.
Speculation that the Fed will cut rates next year has 60/40 portfolios on track for their best month since 2020.