TrueFi (@TrueFiDAO): 2. Money-Market Funds Reach Record $7 Trillion in Assets
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2. Money-Market Funds Reach Record $7 Trillion in Assets Mar 5th Money-market funds have soared to an unprecedented $7.03 trillion in assets as of March 5, reflecting a $51 billion increase from the previous week, according to the Investment Company Institute (ICI). The surge is driven by rising investor demand for safer assets, fueled by market volatility and elevated short-term interest rates, as investors seek stability amid ongoing economic and trade uncertainties. Source: prnewswire.com/news-releases/…