Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares MSCI Emerging Markets ETF, where 24,750,000 units were destroyed, or a 5.3% decrease week over week. Among the largest underlying components of EEM, in morning trading today PDD Holdings is up about 0.1%, and NU Holdings is lower by about 2.2%.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares Ultra 7-10 Year Treasury, which lost 210,000 of its units, representing a 35.9% decline in outstanding units compared to the week prior. Among the largest underlying components of UST, in morning trading today Proshares Genius Money Market ETF is trading flat.
VIDEO: EEM, UST: Big ETF Outflows
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