Tide goes in, tide goes out… you can’t explain that. :kappa:
About $7 billion worth of assets were withdrawn from VOO. VOO is Vanguard’s S&P 500 ETF.

Since this a large amount of value and this sort of thing is essentially a ‘back room deal’, people are making up reasons why it was done.
Some people point to VOO as the first ETF.
This speculation about the outflow is basically copypasta now.
VOO’s closing trade price was 339.81, at the time of writing.
The fund has seen around $19.5 billion in inflows this year.
By Michael Carver
December 5th 2020 10:28 AM
Featured Image Credit: “Money” by free pictures of money is licensed under CC BY 2.0