The Vanguard S&P 500 ETF Becomes the First Trillion Dollar ETF in History

BlockBeats News, June 4th, the world's largest ETF - Vanguard's S&P 500 ETF (VOO) - officially surpassed the $1 trillion milestone in assets under management, becoming the first ETF in history to reach this trillion-dollar mark. VOO saw a net inflow of $1.7 billion on its most recent trading day, with year-to-date inflows totaling over $69 billion, propelling its size beyond all competitors. The S&P 500 Index has accumulated an 11% gain since the beginning of the year and has repeatedly hit new all-time highs. Even amidst increased market volatility, the demand for buy-and-hold passive allocation remains robust.