Billions Flow Out of BlackRock’s India ETF as Iran War Escalates
The National Stock Exchange building in Mumbai.
Photographer: Dhiraj Singh/BloombergInvestors are accelerating their flight from the largest US-listed exchange-traded fund tracking Indian equities, as concerns mount over the impact of the global energy crisis on the Asian economy.
The $6.4 billion iShares MSCI India ETF recorded over $220 million in withdrawals on Monday alone, its largest single day outflow since April 2025. That extends what has been a streak of five consecutive weeks of withdrawals that now total over $2 billion, according to data compiled by Bloomberg.