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September 01, 2020 1:33pm
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JNUG, USDU: 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 Daily Junior Gold Miners Index Bull 3X Shares (JNUG), where 7,650,000 units were destroyed, or a 9.9% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the WisdomTree Bloomberg US Dollar Bullish Fund (USDU), which lost 950,000 of its units, representing a 32.2% decline in outstanding units compared to the week prior.
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