Significant ETF Outflows Highlight Market Trends This Week
In the latest data from ETF Channel, an analysis of outstanding units reveals notable outflows among exchange-traded funds (ETFs) over the past week. The SPDR Blackstone Senior Loan ETF experienced the largest decrease, with 25,650,000 units eliminated, marking a 13.7% drop from the previous week.
Moreover, examining the percentage change in outstanding units, the BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF saw a dramatic reduction. It lost 750,000 units, indicating a substantial 39.5% decline compared to its unit count a week earlier.
VIDEO: SRLN, XHYC: Big ETF Outflows
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