Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco S&P 500 Quality ETF, where 36,700,000 units were destroyed, or a 17.2% decrease week over week. Among the largest underlying components of SPHQ, in morning trading today Apple is off about 1.9%, and Visa is higher by about 0.8%.
And on a percentage change basis, the ETF with the biggest outflow was the Bitwise Ethereum Strategy ETF, which lost 100,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.
VIDEO: SPHQ, AETH: Big ETF Outflows
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