ETFs holding asset-backed securities see net inflows.

Exchange-traded fund (ETF) investors are increasingly investing in fixed-income assets such as collateralized loan obligations (CLOs) and other asset-backed securities. These securitized credit ETFs have seen $6.5 billion in net inflows through June 11, compared to $3.9 billion in 2023. High-yield and loan ETFs have also seen significant inflows, totaling $9.9 billion through June 11. The growth of the CLO market provides a liquid alternative to the private credit market, offering diversification and lower default rates. ETFs accessing securitized credit are expected to continue growing, with the SEC's 2019 ETF rule making it easier to bring diversified credit products to market. [Extracted from the article]