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.
VIDEO: SPXS, SMST: Big ETF Outflows
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