US Technology Fund Sees $6 Billion Inflows Last Week, Marking Largest Inflow in Nearly Two Months

BlockBeats News, February 10. According to The Kobeissi Letter citing BofA Research data, U.S. tech funds saw $6 billion in inflows last week, marking the largest inflow in 8 weeks.

The data shows that there was a total of $34.6 billion inflow into stocks last week, $87.2 billion inflow into cash, and $23 billion inflow into bonds. At the same time, investors pulled $1.2 billion out of the utility sector in the past two weeks, marking the largest two-week outflow since November 2024.

The above inflows indicate investors are quickly increasing their tech holdings.