US money market funds posted a +$148.5 billion net inflow in the first week of 2026, the 3rd-largest on record.

This was only below the ~$240 billion and ~$200 billion inflows seen during the 2020 pandemic crash.

2026 has surpassed every prior start to a year on record.

Since the start of 2025, US money market fund assets have risen +$954 billion, to a record $7.8 trillion.

Since the 2020 pandemic, assets in money market funds have surged +$4.2 trillion, or +116%.

Safe-haven investments are holding strong