SPMO and AVS Experience Significant ETF Withdrawals
ETF Outflow Details: The Direxion Daily AVGO Bear 1X Shares (AVS) experienced the largest outflow, losing 700,000 units, which is a 32.6% decrease in outstanding units compared to the previous week.
Author's Perspective: The views expressed in the article are solely those of the author and do not necessarily represent the opinions of Nasdaq, Inc.
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ETF Outflow Details: The Direxion Daily AVGO Bear 1X Shares (AVS) experienced the largest outflow, losing 700,000 units, which is a 32.6% decrease in outstanding units compared to the previous week.
Author's Perspective: The views expressed in the article are solely those of the author and do not necessarily represent the opinions of Nasdaq, Inc.
ETF Outflow Details: The Direxion Daily AVGO Bear 1X Shares experienced the largest outflow, losing 250,000 units, which is a 34.5% decrease in outstanding units compared to the previous week.
Author's Perspective: The opinions expressed in the article are solely those of the author and do not necessarily represent the views of Nasdaq, Inc.
ETF Inflows: The Direxion Daily AVGO Bear 1X ETF saw the largest increase in inflows, adding 100,000 units, which represents a 40.0% rise in outstanding units.
Author's Perspective: The opinions expressed in the article reflect the author's views and do not necessarily align with those of Nasdaq, Inc.
Market Performance: Last week, Wall Street experienced significant declines with the S&P 500 down 3.1%, marking its worst week since September 2024, while the Nasdaq entered correction territory amid concerns over trade policies and a weaker-than-expected jobs report.
ETF Highlights: Despite market turmoil, several ETFs performed well, including the iPath Series B S&P 500 VIX Short-Term Futures ETN, which rose 15.4%, and the First Trust Germany AlphaDEX Fund, up 11.2%, driven by positive developments in Germany's fiscal policy and defense spending.

New Leveraged ETFs Launched: Direxion has introduced new leveraged ETFs for Broadcom and Micron, allowing traders to amplify or inverse their exposure to these semiconductor stocks with products like the Daily AVGO Bull 2X Shares and Daily MU Bear 1X Shares.
Target Audience and Risks: These ETFs are designed for experienced traders with a high risk tolerance, as they focus on short-term trading strategies and are not suitable for long-term investment approaches due to the inherent risks of leveraged products.







