Investors Inject $136.4 Billion into Cash

LONDON (Reuters) – Investors ploughed $136.4 billion into cash in the week to Wednesday, marking the biggest weekly inflow since March 2023. This surge occurred when markets were previously rattled by a regional banking crisis, as reported by Bank of America on Friday.

In addition to cash, investors also purchased $8.2 billion of stocks and $4.9 billion of bonds. However, they sold $0.4 billion of gold, according to Bank of America, which cited data from EPFR.

The cryptocurrency market received a $3 billion injection, achieving its largest four-week inflow ever at $11 billion.

Furthermore, buying of U.S. equities continued for the ninth consecutive week, with inflows into small caps reaching a record high.