SPDR S&P Regional Banking ETF Price & Performance (KRE)

The SPDR S&P 500 ETF Trust (SPY) saw a significant inflow of $3.87 billion, even as broader markets declined. Other major S&P 500 ETFs, such as iShares Core S&P 500 ETF and Vanguard S&P 500 ETF, also attracted funds. Meanwhile, the Invesco QQQ Trust experienced the largest outflows, shedding $1.63 billion.12

President Trump’s nomination of Michelle Bowman as Vice Chair for Supervision at the Federal Reserve suggests a shift toward banking deregulation. Bowman’s stance on capital requirements has been welcomed by the banking sector, which saw ETFs like Vanguard Financials Index Fund and SPDR S&P Bank ETF rise in response.34

Global ETF assets reached a record $15.50 trillion at the end of February, driven by strong inflows into top ETFs like SPDR S&P 500 ETF Trust, which gathered $8.67 billion. Equity ETFs led the inflows during the month, reflecting continued investor confidence in the sector.15