According to Bank of America’s weekly flow data published 21 November 2025, the tech sector is on course to receive approximately $75 billion in net inflows for 2025. Despite a recent 2 % drop in the Nasdaq and mounting concerns about valuations, the sector saw $4.4 billion of inflows during the week to Wednesday.
In contrast, crypto funds experienced $2.2 billion of outflows, marking one of the largest weekly withdrawals on record. U.S. Treasuries meanwhile drew $8.8 billion—the biggest weekly inflow since April. The data highlight investor appetite for tech, but analysts caution that strong flows may mask underlying execution risks and profitability pressures.