Biggest ETF Outflows This Week: TSLL and MQQQ Take a Hit
In the past week, a significant shift was observed in the market for exchange-traded funds (ETFs) tracked by ETF Channel, particularly with the TSLL and MQQQ ETFs.
Among all ETFs, the TSLL ETF experienced the largest outflow in terms of unit decrease. This fund saw a reduction of 11,825,000 units, translating to a 5.8% decline from the previous week. Such a drop highlights investor shifts as they reassess their portfolios.
On a percentage basis, the MQQQ ETF faced the steepest decline, losing 100,000 units. This significant drop represents a 40.0% decrease in outstanding units compared to last week, showing a drastic change in investor sentiment.
VIDEO: TSLL, MQQQ: Big ETF Outflows
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