Investors poured an unprecedented 175.6billionintoU.S.−listedETFsinOctober,thelargestmonthlyhaulinhistory,accordingtoFactSet.Thatpushed2025’stotalinflowsto1.12 trillion—just 4billionshyofthefull−year2024record. Withtwomonthsleftintheyear,inflowsareontracktofinishbetween1.3 and 1.5trillion,easilyeclipsinglastyear’smilestone.FlowsSpreadAcrosstheMarketOctober’sbuyingspreetouchednearlyeveryassetclass.U.S.equityETFsdrew73.1 billion, whil ...