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SPY ETF Surges with $10B Inflow Yesterday, Totals $35B for the Week

According to Eric Balchunas, a Bloomberg analyst, SPDR S&P 500 ETF (SPY), a leading ETF tracking the S&P 500 index, has experienced a remarkable influx of funds, with an additional $10 billion acquired yesterday. This brings its total for the week to $35 billion and year-to-date inflows to an impressive $50 billion.

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