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BIL, CLIM: Big ETF Outflows
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Bloomberg 1-3 Month T-Bill ETF, where 39,240,000 units were destroyed, or a 7.1% decrease week over week.
And on a percentage change basis, the ETF with the biggest outflow was the CLIM ETF, which lost 30,000 of its units, representing a 37.5% decline in outstanding units compared to the week prior.
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