“Significant ETF Outflows in SPXS and SMST”

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Massive ETF Outflows Highlight Market Shifts

Direxion Daily S&P 500 Bear 3X Sees Major Decrease

This week, among the ETFs tracked by ETF Channel, the Direxion Daily S&P 500 Bear 3X Shares experienced the largest outflow. A total of 9,200,000 units were removed, translating to a significant decrease of 12.5% compared to last week.

SMST ETF Faces the Biggest Percentage Decline

On a percentage basis, the SMST ETF had the largest outflow, losing 575,000 units. This represents a notable decline of 38.3% in outstanding units versus the previous week.

SPXS, SMST: Big ETF OutflowsVIDEO: SPXS, SMST: Big ETF Outflows

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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