Significant ETF Withdrawals: SOXL and BMNZ Under the Spotlight

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Looking at weekly changes in ETF units, the Direxion Daily Semiconductors Bull 3x Shares (SOXL) experienced the largest outflow, with 31 million units removed, marking a 12.4% decrease. Key components of SOXL, Micron Technology and Nvidia, recorded gains of 4.8% and 1.5%, respectively, during morning trading.

On a percentage basis, the Defiance Daily Target 2X Short BMNR ETF reported the most significant outflow, losing 550,000 units, which accounts for a 39.3% drop from the previous week.

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