IPO ETF Inflow Surges to Record on Airbnb, DoorDash Listings

The video discusses the record weekly inflow of the IPO ETF, driven by the Wall Street debuts of DoorDash and Airbnb. Despite not holding these stocks yet, the Renaissance IPO ETF has seen significant demand and trading volume, with a 110% rally year-to-date. The video also highlights broader market trends, including cash inflows into funds like VTi and VTV, and outflows from past winners like SPY and QQQ, indicating a shift in market leadership.

How has the performance of the IPO ETF changed since it hit a record high?

What trends are observed in the broader equity markets based on the cash flows mentioned?