SNDQ, TBJL: Big ETF Outflows

ETF Channel data shows the largest weekly outflow in SNDQ: 17,095,000 units were destroyed, a 33.0% week-over-week decrease. The move suggests weakening demand/positioning in that ETF versus the prior week, but the broader market impact appears limited given the article’s focus on a single ETF.

Analysis

ETF Channel data shows the largest weekly outflow in SNDQ: 17,095,000 units were destroyed, a 33.0% week-over-week decrease. The move suggests weakening demand/positioning in that ETF versus the prior week, but the broader market impact appears limited given the article’s focus on a single ETF.