Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the X-trackers Harvest CSI 300 China A-Shares Fund, where 12,100,000 units were destroyed, or a 18.5% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the Defiance Daily Target 2X Long RGTI ETF, which lost 450,000 of its units, representing a 38.8% decline in outstanding units compared to the week prior. Among the largest underlying components of RGTX, in morning trading today Rigetti Computing is up about 6.9%.
VIDEO: ASHR, RGTX: Big ETF Outflows
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