Significant ETF Outflows for SOXL and COHX

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The Direxion Daily Semiconductors Bull 3x Shares ETF (SOXL) experienced notable outflows, with 16.1 million units removed, representing a 12.4% decrease over the past week. This decline comes amid mixed performances in the semiconductor sector, with Micron Technology gaining approximately 5.3%, while Advanced Micro Devices dropped around 0.4%.

Additionally, the COHX ETF faced the largest percentage outflow, shedding 1.51 million units, which equates to a staggering 38.9% decline in outstanding units week over week.

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