Direxion FTSE China Bear 3X ETF continues to see net outflows, while long ETFs remain stable

Wallstreetcn
2024.10.25 00:39

Direxion Daily FTSE China Bear 3X ETF (YANG), which aims to profit from the inverse performance of the FTSE China 50 Index, experienced a record outflow of approximately $139 million in the week ending October 11, followed by another $30 million outflow last week. However, its counterpart, Direxion Daily FTSE China Bull 3X ETF (YINN), recorded record inflows in early October and has not experienced any outflows since