NVD, AIA: Big ETF Outflows
October 31, 2024 at 10:54 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 NVD ETF, where 9,760,000 units were destroyed, or a 11.6% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the iShares Asia 50 ETF, which lost 7,400,000 of its units, representing a 38.1% decline in outstanding units compared to the week prior.
