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Bloomberg Analyst: Investors Buy the Dip in 2x Long Nvidia ETF, Inflows Reach $13 Billion in Past Two Days

Nov 13, 21:58

November 13 — Bloomberg analyst Eric Balchunas posted that investors are continuing to buy the dip in the 2x long Nvidia ETF (NVDL), and the steeper the ETF's decline, the stronger the buying. Additionally, over the past two days the ETF market has seen another large-scale wave of buying in equity assets, with $13 billion flowing into ETFs yesterday alone; of the top 20 ETFs by inflows, only one was not an equity ETF.