NOWL, TSEG: Big ETF Outflows

ETF Channel data shows the GraniteShares 2x Long NOW Daily ETF had the largest weekly outflow, with 9,940,000 units destroyed—a 15.5% week-over-week decline. This suggests risk reduction/position trimming in NOW-linked leveraged exposure over the past week, though it’s likely limited to a single ETF rather than broad market moves.

Analysis

ETF Channel data shows the GraniteShares 2x Long NOW Daily ETF had the largest weekly outflow, with 9,940,000 units destroyed—a 15.5% week-over-week decline. This suggests risk reduction/position trimming in NOW-linked leveraged exposure over the past week, though it’s likely limited to a single ETF rather than broad market moves.