Significant ETF Outflows: T-REX and Natural Gas Funds Take a Hit
Recent data from ETF Channel reveals notable outflows across certain ETFs compared to the previous week. Leading the pack in absolute terms was the T-REX 2X Inverse Tesla Daily Target ETF (TSLZ), which saw a loss of 13,520,000 units. This figure marks a substantial 25.6% decrease in units outstanding week over week.
On a percentage basis, the United States Natural Gas Fund LP (UNG) experienced the largest drop. UNG lost 9,700,000 units, translating to a sharp 33.1% decline from its previous week’s total.
VIDEO: TSLZ, UNG: Big ETF Outflows
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