Note: Flow data is reported after close on a T+1 basis. The flows in this report reflect create/redeem activity from Monday, October 13, 2025.
Market Flow Summary
The U.S. ETF market saw total net inflows of +$10.65B. The top issuer by inflow was Vanguard, which attracted +$2.94B. The top individual fund, Vanguard S&P 500 ETF (VOO), brought in +$2.15B. On the other side of the ledger, Grayscale experienced the largest outflows among issuers, with -$214.87M departing. The fund with the largest single outflow was iShares Ethereum Trust ETF (ETHA), shedding -$310.13M. The most notable high-velocity brand was Defiance, which saw inflows of +$1.35B.
Flow Summary by Asset Class
Equity and Non-Traditional asset classes led the day with inflows of +$7.11B and +$2.62B, respectively. On a year-to-date basis, Equity remains the dominant leader with over +$522.24B in net new assets.
| Asset Class | 1D Flow | 1M Flow | YTD Flow |
|---|---|---|---|
| Equity | +$7.11B | +$87.22B | +$522.24B |
| Non-Traditional | +$2.62B | +$7.44B | +$69.73B |
| Fixed Income | +$907.32M | +$45.48B | +$324.38B |
| Commodity | +$716.81M | +$12.08B | +$43.29B |
| Unspecified | +$149.72M | +$262.73M | +$332.98M |
| Multi-Asset | +$40.67M | +$1.33B | +$4.95B |
| Currency | +$5.58M | -$29.14M | +$502.28M |
| Alternative | -$115.89M | +$778.16M | +$4.11B |
| Digital Asset | -$783.61M | +$8.34B | +$41.06B |
Top/Bottom Five Category Flows
At a more granular level, U.S. Large Cap Blend Equity funds led inflows, while Digital Asset categories saw the most significant redemptions.
Top 5 Category Inflows
| Category | 1D Flow |
|---|---|
| Equity: U.S. Large Cap – Blend | +$2.93B |
| Non-Traditional: Leverage | Inverse – Single Stock | +$1.56B |
| Equity: Sector – Information Technology | +$942.91M |
| Commodity: Focused – Precious Metals | +$878.63M |
| Equity: Sector – Financials | +$827.98M |
Bottom 5 Category Outflows
| Category | 1D Flow |
|---|---|
| Digital Asset: Cryptocurrency – Ethereum | -$428.52M |
| Digital Asset: Cryptocurrency – Bitcoin | -$340.88M |
| Equity: Emerging Large Cap | -$144.85M |
| Commodity: Focused – Energy | -$128.52M |
| Equity: Thematic – Multi-Sector | -$123.12M |
ETF Issuer Flow Analysis
Vanguard led all issuers with +$2.94B in net inflows, representing +0.08% of their AUM. Grayscale saw the largest outflows at -$214.87M, or -0.64% of AUM. Defiance stood out as the top high-velocity brand, with inflows of +$1.35B representing an impressive +18.37% of their total AUM.
Top 5 Brands by Inflows
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Vanguard | $3.66T | +$2.94B | +0.08% |
| SPDR | $1.75T | +$2.65B | +0.15% |
| iShares | $3.82T | +$1.49B | +0.04% |
| Defiance | $8.71B | +$1.35B | +18.37% |
| Direxion | $57.06B | +$652.52M | +1.16% |
Bottom 5 Brands by Outflows
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Grayscale | $33.46B | -$214.87M | -0.64% |
| ProShares | $88.65B | -$156.82M | -0.18% |
| Bluemonte | $1.89B | -$150.84M | -7.39% |
| US Commodity Funds | $2.31B | -$136.45M | -5.57% |
| Global X | $71.92B | -$133.11M | -0.18% |
High-Velocity Brands
| Issuer | Aggregate AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Defiance | $8.71B | +$1.35B | +18.37% |
| ERShares | $406.12M | -$114.83M | -22.04% |
| Bluemonte | $1.89B | -$150.84M | -7.39% |
| US Commodity Funds | $2.31B | -$136.45M | -5.57% |
Significant Single-Fund Movements
The day’s largest inflow was recorded by Vanguard S&P 500 ETF (VOO) with +$2.15B, while the largest outflow came from iShares Ethereum Trust ETF (ETHA) with -$310.13M.
Largest Absolute Daily Flows (Net Flows > $250M)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Inflows | |||
| Vanguard S&P 500 ETF (VOO) | $767.27B | +$2.15B | +0.28% |
| Financial Select Sector SPDR Fund (XLF) | $52.95B | +$842.58M | +1.62% |
| SPDR S&P 500 ETF Trust (SPY) | $675.29B | +$795.84M | +0.12% |
| iShares 20+ Year Treasury Bond ETF (TLT) | $50.43B | +$543.14M | +1.09% |
| iShares Semiconductor ETF (SOXX) | $14.89B | +$399.23M | +2.76% |
| iShares Gold Trust (IAU) | $64.18B | +$351.12M | +0.55% |
| SPDR Gold Shares (GLD) | $134.50B | +$339.26M | +0.25% |
| Invesco QQQ Trust Series I (QQQ) | $384.88B | +$301.11M | +0.08% |
| Defiance Daily Target 2X Long RGTI ETF (RGTX) | $522.09M | +$261.05M | +100.00% |
| Outflows | |||
| iShares Ethereum Trust ETF (ETHA) | $17.02B | -$310.13M | -1.79% |
High-Velocity Inflows (AUM > $100M, 1D Flow > +5% of AUM)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| Defiance Daily Target 2X Long HIMS ETF (HIMZ) | $287.69M | +$145.32M | +102.07% |
| Defiance Daily Target 2X Long RIOT ETF (RIOX) | $114.80M | +$57.93M | +101.86% |
| Defiance Daily Target 2X Long AVGO ETF (AVGX) | $321.77M | +$162.25M | +101.72% |
| Defiance Daily Target 2X Long SOFI ETF (SOFX) | $193.67M | +$96.83M | +100.00% |
| Defiance Daily Target 2X Long RGTI ETF (RGTX) | $522.09M | +$261.05M | +100.00% |
| Defiance Daily Target 2x Long OKLO ETF (OKLL) | $356.85M | +$176.75M | +98.14% |
| Defiance Daily Target 2X Long RKLB ETF (RKLX) | $235.07M | +$116.01M | +97.44% |
| Defiance Daily Target 2X Long IONQ ETF (IONX) | $350.73M | +$172.42M | +96.70% |
| SPDR S&P Retail ETF (XRT) | $255.17M | +$66.93M | +35.55% |
| abrdn Emerging Markets Dividend Active ETF (AGEM) | $112.58M | +$25.92M | +29.91% |
High-Velocity Outflows (AUM > $100M, 1D Flow > -5% of AUM)
| Fund (Ticker) | AUM | 1D Flow | 1D Flow as % of AUM |
|---|---|---|---|
| ERShares Private-Public Crossover ETF (XOVR) | $406.12M | -$114.83M | -22.04% |
| Bluemonte Dynamic Total Market ETF (BLUX) | $366.50M | -$102.87M | -21.92% |
| Direxion Daily S&P 500 Bear 1X Shares (SPDN) | $130.61M | -$36.28M | -21.74% |
| AllianzIM U.S. Large Cap 6 Month Buffer10 Mar/Sep ETF (SIXP) | $373.55M | -$57.62M | -13.36% |
| Global X Conscious Companies ETF (KRMA) | $474.11M | -$70.82M | -13.00% |
| United States Oil Fund LP (USO) | $935.64M | -$133.43M | -12.48% |
| 2x Long VIX Futures ETF (UVIX) | $470.08M | -$55.84M | -10.62% |
| Tradr 2X Long QUBT Daily ETF (QUBX) | $107.38M | -$4.82M | -4.29% |
| Tradr 2X Long SMR Daily ETF (SMU) | $164.43M | -$17.66M | -9.70% |
| ProShares Short Russell2000 (RWM) | $163.61M | -$17.46M | -9.64% |
Custom Analysis and Daily Data
This daily snapshot is just the beginning. Our full suite of tools allows for deep, customizable analysis of the entire ETF landscape. Institutional clients can track real-time flows, screen for specific fund characteristics, and analyze historical trends to gain a competitive edge. To explore our comprehensive data and analytics platform, please contact our sales team for a personalized demonstration.
Large Flow Activity Note: Daily create/redeem activity is a normal function of the ETF market. Large flows often reflect rebalancing activity by a single large institution and are not necessarily indicative of broad market sentiment.
Disclosures
This report is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. ETF Action is not a registered investment advisor.
All data is sourced from proprietary and third-party sources believed to be reliable, but its accuracy and completeness are not guaranteed. Past performance is not indicative of future results.
