ETF flows surged last week, with fixed-income ETFs attracting nearly $8 billion, while equity ETFs experienced a $5 billion outflow. Market volatility, driven by Trump's tariffs, caused investors to seek safety in fixed-income ETFs, particularly U.S. fixed-income ETFs, which saw $7.8 billion in inflows. The total ETF flows reached $12.3 billion, reversing the previous week's $10.5 billion outflow.

Market volatility was triggered by a false report on CNBC about a potential 90-day tariff pause by the Trump administration. This unverified news caused sharp swings in the US equity markets, with the SPDR S&P 500 ETF Trust (SPY) losing nearly $10 and wiping out approximately 2 trillion in value from the broader index. Bitcoin prices also saw a brief spike before correcting back to around $78,000. The White House and CNBC clarified that no such policy consideration had been made.

This article discusses the Invesco Biotechnology & Genome ETF (PBE), a passively managed ETF launched on June 23, 2005, which seeks to match the performance of the Dynamic Biotechnology & Genome Intellidex Index. The ETF has a market value of $239.91 million and is sponsored by Invesco. It has an expense ratio of 0.58% and a 12-month trailing dividend yield of 0.01%. The ETF is heavily weighted towards the Healthcare sector, with Gilead Sciences Inc (GILD), Amgen Inc (AMGN), and Incyte Corp (INCY) being the top holdings. The article also mentions other biotech-focused ETFs like SPDR S&P Biotech ETF and iShares Biotechnology ETF.

Stock and bond ETFs experienced significant declines on Monday, with the Vanguard S&P 500 ETF (VOO) falling into bear market territory amid global tariff news and market volatility. The S&P 500 funds, including VOO, SPY, and IVV, have lost over 10% in three days, while safe-haven ETFs like AGG and BND also declined. The Cboe Volatility Index (VIX) reached its highest levels since the 2020 pandemic.

The S&P 500 officially entered a bear market territory on 2025-04-07, marking a decline of over 20% from its recent highs. This downturn was driven by investor panic over U.S. trade tariffs announced by the Trump administration. Market volatility intensified as unconfirmed tariff rumors sparked a fleeting relief rally, only to be dashed by a White House denial. The SPDR S&P 500 ETF Trust (SPY) saw a dramatic rebound, rising over 400 points in less than thirty minutes. The S&P 500 closed trading flat at 5,077 points by 11:00 a.m. in New York, down 12% since last Wednesday. This market crash is one of the fastest and deepest in post-war history, occurring alongside 22 other bear markets since 1900.