Major Outflows in ETFs: Invesco and Bitwise Struggle
Recent data from ETF Channel reveals a significant decline in units across select ETFs, particularly highlighting two notable cases.
Invesco S&P 500 Quality ETF Faces Major Decline
The Invesco S&P 500 Quality ETF (SPHQ) experienced the largest volume drop, with 36,700,000 units disappearing—this marks a striking 17.2% decrease compared to the previous week. In morning trading, its key holdings showed mixed performance: Apple shares were down about 1.9%, while Visa saw an increase of approximately 0.8%.
Bitwise Ethereum Strategy ETF’s Significant Percentage Loss
On a percentage basis, the Bitwise Ethereum Strategy ETF (AETH) reported the most notable outflow, losing 100,000 units. This drop equates to a significant 33.3% reduction in outstanding units from the prior week.
VIDEO: SPHQ, AETH: Big ETF Outflows
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