Driven by the AI boom, BlackRock Korea ETF has recorded net capital inflows for three consecutive weeks.
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Glonghui, July 28 — Ahead of the earnings season for some of the world's largest technology companies, investors continue to pour funds into the largest Korea-focused Exchange Traded Fund (ETF) listed in the United States. The iShares MSCI Korea ETF, with assets totaling $23.3 billion, recorded a net inflow of over $1 billion last week, further extending a three-week streak of inflows and bringing its total inflows for July to $3.7 billion. If this growth trend continues through the end of the month, it will mark the largest single-month fund inflow on record for the ETF. The fund tracks Korean equities, and its share price has declined by more than 28% since reaching an all-time high on June 18.
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