Significant Withdrawals Observed in Major ETFs
In the latest analysis by ETF Channel, the Invesco MSCI Global Climate 500 ETF faced the most considerable outflows this week with a reduction of 19,500,000 units, equating to a 30.0% drop compared to the previous week. Notably, Apple shares dipped about 1.1%, while Microsoft shares fell by approximately 0.6% during morning trading.
Additionally, the ProShares UltraShort Bitcoin ETF also saw a significant percentage decline. It lost 1,960,000 units, marking a 30.3% decrease in outstanding units from the prior week.
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