TSLZ, UNG: 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 T-REX 2X Inverse Tesla Daily Target ETF (TSLZ), where 13,520,000 units were destroyed, or a 25.6% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the United States Natural Gas Fund LP (UNG), which lost 9,700,000 of its units, representing a 33.1% decline in outstanding units compared to the week prior.