VIXY, UBT: Big ETF Outflows
February 02, 2021 at 10:48 AM EST
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 ProShares VIX Short-Term Futures ETF, where 4,275,000 units were destroyed, or a 13.9% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the ProShares ProShares Ultra 20+ Year Treasury, which lost 275,000 of its units, representing a 31.4% decline in outstanding units compared to the week prior.