Major ETF Outflows Highlight Market Trends
Examining the latest data on ETFs, the largest decrease in units was noted in the Direxion Daily FTSE China Bear 3X Shares. This fund saw a staggering loss of 25,650,000 units, marking a significant 26.0% decline compared to the previous week.
In terms of percentage, the ProShares 404 experienced the most substantial outflow. This ETF saw its units drop by 60,000, a sharp 40.0% reduction from the week before.
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