S&P 500 and Nasdaq 100 ETFs see record $64B outflows in 3 months

Major US equity ETFs SPY and QQQ experienced combined outflows of $64 billion over the past three months, marking the largest such withdrawal on record. This represents a sharp reversal from $50 billion in inflows recorded during November. The outflow volume is nearly double the previous record, reflecting significant shifts in investor positioning across large-cap and tech-focused equity exposure.