ETFs SOXL and DUST Experience Significant Fund Withdrawals

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The Direxion Daily Semiconductors Bull 3x Shares (SOXL) experienced a significant outflow, with 31,600,000 units withdrawn, equating to a 9.8% decrease over the past week. In current trading, Advanced Micro Devices is down 1.3%, while Broadcom has seen an increase of 1.5%.

On a percentage basis, the Direxion Daily Gold Miners Index Bear 2X Shares reported the most substantial loss, shedding 5,800,000 units, which is a 36.5% decline in outstanding units compared to the previous week.

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