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 Short S&P500, where 24,125,000 units were destroyed, or a 18.6% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the ProShares Short MidCap400, which lost 150,000 of its units, representing a 33.8% decline in outstanding units compared to the week prior.
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