The GraniteShares 2x Long MU Daily ETF (MULL) experienced a significant inflow of approximately $211.3 million, reflecting a 37.9% week-over-week increase in outstanding units, rising from 1,160,001 to 1,600,000. This surge is noteworthy within the ETF market and highlights increased investor interest.
Over the past year, MULL’s share price has fluctuated between a low of $12.03 and a high of $564.06, with the most recent trade at $465.60. The ETF’s current price is also relevant in the context of its 200-day moving average, which is commonly used for technical analysis.
In the market dynamics of ETFs, newly created units necessitate the purchase of underlying holdings, impacting individual components within the fund. This week’s notable inflow is indicative of the prevailing market trends and investor sentiment.
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