Stocks to Watch | 2024 Annual Review: Top 10 Explosive US ETFs – Top Gainer Crypto ETF Jumps Over 220%; Index ETFs Lead Inflows

S&P 500 index +2.91%
2x Bitcoin Strategy ETF +3.88% Pre
MicroSectors FANG+ 3 Leveraged ETNs +13.84% Pre
Meta Platforms +6.67% Pre
Amazon.com, Inc. +3.64% Pre

S&P 500 index

SPX

6528.52

+2.91%

2x Bitcoin Strategy ETF

BITX

14.74

15.09

+3.88%

+2.37% Pre

MicroSectors FANG+ 3 Leveraged ETNs

FNGU

15.63

16.15

+13.84%

+3.33% Pre

Meta Platforms

META

572.13

577.00

+6.67%

+0.85% Pre

Amazon.com, Inc.

AMZN

208.27

210.33

+3.64%

+0.99% Pre

U.S. stocks are on an upward trend overall this year. As of the close of trading on December 13 (EST), S&P 500 index(SPX.US) has surged 26.86%.

Benefiting from this, various ETFs in the U.S. stock market are drawing significant attention. These ETFs track the performance of different indices and industry sectors and offer various leverage multiples for investors to choose from, showcasing strong earning potential and substantial inflows, thus gaining considerable market attention and popularity.

The top ten skyrocketing ETFs in the U.S. market have all gained more than 100%! Cryptocurrency ETFs dominate the list.

Influenced by several key events, such as the SEC's approval of 11 spot Bitcoin ETFs in January, Bitcoin halving in April, and Trump's election win in November, cryptocurrency ETFs have become the brightest stars in the U.S. ETF market. Among the top ten skyrocketing ETFs, eight are cryptocurrency ETFs.

The largest gainer is the Volatility Shares Trust 2x Bitcoin Strategy ETF(BITX.US), which has surged 225.99%. This ETF is the first leverage Bitcoin strategy ETF in the U.S., aiming to achieve its investment objective by investing in cash-settled Bitcoin futures contracts and seeking to double the daily performance of the S&P CME Bitcoin Futures Daily Roll Index. It is worth noting that this fund does not invest directly in Bitcoin but seeks returns from the daily price increases of Bitcoin futures contracts.

In addition to this ETF, the ETFs ranking fourth to tenth are also cryptocurrency ETFs.

The second biggest gainer is the BMO REX MicroSectors FANG Index 3X Leveraged Exchange Traded Notes(FNGU.US), which has surged 176.17% year-to-date, with holdings including only ten stocks. "FANG" stands for Meta Platforms(META.US) (formerly Facebook),  Amazon.com, Inc.(AMZN.US),  Netflix, Inc.(NFLX.US), and Alphabet ( Alphabet Inc. Class A(GOOGL.US)  Alphabet Inc. Class C(GOOG.US) ), later joined by  Apple Inc.(AAPL.US), making it "FAANG." This ETF typically holds these five companies, though its name hasn't changed. The other five companies in its portfolio are chosen from the tech and select consumer sectors with high growth potential, currently including  CrowdStrike Holdings(CRWD.US),  Broadcom Limited(AVGO.US), ServiceNow, Inc.(NOW.US),  NVIDIA Corporation(NVDA.US), and  Microsoft Corporation(MSFT.US).

The third-ranking ETF is Proshares Trust Pshs Ult Semicdt(USD.US), which has surged 144.43% year-to-date.

Broad market index ETFs emerge as "capital magnets."

Bloomberg data indicates that, among the top ten ETFs with the highest net inflows this year, those tracking the broad market S&P 500 Index remain the main attraction for funds. The S&P 500 Index, composed of 500 leading U.S. companies, is also Warren Buffett's "investment of choice," suitable for all types of U.S. stock investors. Specifically, the S&P 500 ETF managed by Vanguard ( Vanguard S&P 500 Etf(VOO.US)), one of America's largest fund management companies, ranks first, with an inflow of $101.469 billion year-to-date. Additionally, the other S&P 500 Index ETFs in the top ten are S&P 500 Index Ishares(IVV.US), ETF-S&P 500(SPY.US), and SPDR Portfolio Large Cap ETF(SPLG.US).

Furthermore, two Nasdaq 100 Index ETFs also made the list: PowerShares QQQ Trust,Series 1(QQQ.US) and Invesco NASDAQ 100 ETF (QQQM.US) with year-to-date inflows of $25.711 billion and $13.185 billion, respectively.

Looking ahead to 2025, most Wall Street strategists expect U.S. stock markets to continue rising. Deutsche Bank, Bank of America, and Barclays have set target points for the S&P 500 at 7000, 6666, and 6600, respectively, while Goldman Sachs, Morgan Stanley, and JP Morgan have set their targets at 6500. In this bullish sentiment, the aforementioned ETFs are expected to continue attracting more inflows.