SOXL, DUST: Big ETF Outflows
December 01, 2022 at 11:19 AM EST
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES, where 7,850,000 units were destroyed, or a 2.1% decrease week over week.— And on a percentage change basis, the ETF with the biggest outflow was the DIREXION DAILY GOLD MINERS INDEX BEAR 2X SHARES, which lost 1,950,000 of its units, representing a 26.3% decline in outstanding units compared to the week prior. For MarketNewsVideo.