Major ETF Outflows: ProShares Short S&P 500 and GGM ETF Take Top Spots

In the latest update from ETF Channel, significant changes in outstanding units of exchange-traded funds (ETFs) have been noted. The most substantial outflow occurred in the ProShares Short S&P 500, with a staggering 12,100,000 units removed. This marks a 12.0% decrease compared to the previous week.

On a percentage basis, the ETF experiencing the largest decline was the GGM ETF, which lost 430,000 units, amounting to a 36.4% drop in outstanding units from the week before.

VIDEO: SH, GGM: Big ETF Outflows

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