Nasdaq 100 ETF Sees Record Inflows, Tech Sector Rotation Underway

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The Nasdaq 100 ETF ($QQQ) has attracted $10.9 billion in August, on track for its largest monthly inflow ever. This compares to $4.9 billion in July and a previous record of $9.2 billion in March 2022. Concurrently, the semiconductor ETF ($

VanEck Semiconductor ETF) saw $2.8 billion in outflows, and the software ETF ($IGV) had $610 million in outflows. Investors are rotating from semiconductors and software into the broader tech sector.

SourcesKobeissi Letter

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