BIL, WYDE: 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 Barclays 1-3 Month T-Bill ETF (BIL), where 6,399,539 units were destroyed, or a 15.6% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the ProShares CDS Short North American HY Credit ETF (WYDE), which lost 50,000 of its units, representing a 33.3% decline in outstanding units compared to the week prior.
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