Investor interest in banks is gaining momentum as inflows to ETFs linked to developed bank stocks increased significantly.
Data from TrackInsight shows inflows of over €300 million this week, mostly into the SPDR S&P Regional Banking ETF and SPDR S&P Bank ETFs.
The inflow into bank-related ETFs probably owes to increasing bank share prices, which in turn is driven by speculation that interest rates will rise.
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