YINN, QCLR: Big ETF Outflows
April 30, 2024 at 11:51 AM EDT
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 FTSE China Bull 3X Shares, where 5,700,000 units were destroyed, or a 11.3% decrease week over week. Among the largest underlying components of YINN, in morning trading today Ishares China Large-cap ETF is off about 1.3%.