BIL, BTCZ: 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 4,150,000 units were destroyed, or a 1.0% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the BTCZ ETF, which lost 310,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.