Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the State Street SPDR S&P 500 ETF Trust (SPY), where 23,002,116 units were destroyed, or a 2.2% decrease week over week. Among the largest underlying components of SPY, in morning trading today Nvidia is up about 0.6%, and Apple is higher by about 1.1%.
And on a percentage change basis, the ETF with the biggest outflow was the USCF Oil Plus Bitcoin Strategy Fund, which lost 10,000 of its units, representing a 40.0% decline in outstanding units compared to the week prior.
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