Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares Ultra CRCL, where 10,820,000 units were destroyed, or a 20.4% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the Direxion Daily PANW Bear 1X Shares, which lost 50,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior.
VIDEO: CRCA, PALD: Big ETF Outflows
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