TSLZ, SFYX: Big ETF Outflows
February 10, 2025 at 13:59 PM 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 T-REX 2X Inverse Tesla Daily Target ETF, where 9,130,000 units were destroyed, or a 26.4% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Sofi Next 500 ETF, which lost 1,150,000 of its units, representing a 37.7% decline in outstanding units compared to the week prior.