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From:
www.financialresearch.gov
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OFR Monitor Shows U.S. Money Market Funds Remain a Popular Parking Option for Investor Cash | Office of Financial Research
https://www.financialresearch.gov/the-ofr-blog/2024/09/25/ofr-monitor-shows-us-money-market-funds-remain-a-popular-parking-option-for-investor-cash/
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Investors continued to pour cash into U.S. money market funds ahead of anticipated interest rate cuts. The cash influx pushed money market fund assets to a record $6.6. trillion on July 31, 2024.