HomeNews listOBJECTIVE PRESSTop Oil EFTs See Longest Weekly Run Of Withdrawals In Eight Months

Top Oil EFTs See Longest Weekly Run Of Withdrawals In Eight Months

  • April 17, 2023
  • Posted by: AliensFaith
  • Category: OBJECTIVE PRESS
No Comments

Some of the leading oil exchange-traded funds saw funds withdrawn in the past four weeks for the longest streak of withdrawals in eight months, according to data compiled by Bloomberg. The funds WisdomTree Brent Crude Oil, United States Oil Fund, WisdomTree WTI Crude Oil, and ProShares Ultra Bloomberg Crude Oil – which collectively account for a quarter of the biggest oil ETFs – saw withdrawals of $211 million last week alone. This was the fourth consecutive week of withdrawals from those funds, making it the longest run of withdrawals…      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

Discover more from Maheri Network

Subscribe now to keep reading and get access to the full archive.

Continue reading

Exit mobile version