US-listed emerging market ETFs see further outflows, with South Korea experiencing the largest capital flight

Data shows that as of the week ending May 29, the total outflow from US-listed emerging market ETFs, which invest in multiple developing countries and specific nations, was $1.44 billion, compared to $1.3 billion in outflows the previous week. Year-to-date, total inflows have reached $41.3 billion. By market, South Korea saw the largest outflow, totaling $735.5 million. Argentina recorded the largest inflow, amounting to $41.1 million.