Significant Fund Withdrawals from SOXS and MRGR ETFs

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The Direxion Daily Semiconductors Bear 3x Shares ETF experienced the largest outflow with 18,450,000 units, marking a 9.0% decrease compared to the previous week. Additionally, the ProShares Merger ETF saw a significant percentage drop, losing 150,000 units, which represents a 35.3% decline in outstanding units.

In related trading activity, key components of the ProShares Merger ETF, including American Woodmark and Vital Energy, reported declines of approximately 2.2% and 3.7%, respectively.

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