[US stock ETFs attracted as much as $18 billion the day after the election, and the "Trump deal" triggered a buying frenzy] Golden Finance reported that after Donald Trump won the US presidential election, traders rushed to buy risky asset ETFs, and were largely indifferent to the prospect of rising interest rates that threatened some of these strategies. On Wednesday, exchange-traded funds that mainly invest in US stocks recorded inflows of about $18 billion. Data shows that this is almost 16 times the average daily inflow in 2024. The capital flow mainly reflects the "Trump deal", that is, betting that the president-elect will relax the regulatory stance on industries such as banks and cryptocurrencies, and support companies whose business is mostly in the United States. The iShares Russell 2000 ETF (code IWM), which tracks small-cap stocks, recorded a net inflow of $3.9 billion on Wednesday, the largest single-day inflow in more than 17 years. The SPDR S&P Regional Bank ETF (KRE) set a record for single-day inflows, while a fund under State Street Bank that tracks financial stocks attracted $1.6 billion in inflows, the highest since 2016.

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