Major ETF Outflows: A Closer Look at Trends
The latest data from ETF Channel reveals significant changes in ETF holdings over the past week. Notably, the WisdomTree Floating Rate Treasury Fund experienced the most considerable outflow in units.
The WisdomTree Floating Rate Treasury Fund saw a decrease of 4,070,000 units, equating to a 1.2% drop since last week. This decline indicates a shifting investment interest among ETF investors.
On a percentage basis, the SPAX ETF faced the steepest loss, with a reduction of 225,000 units. This represents a striking 36.0% decline in outstanding units week over week, highlighting further volatility in the market.
VIDEO: USFR, SPAX: Big ETF Outflows
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