technology
Inverse semiconductor ETF sees 1.3 billion shares traded
An inverse semiconductor ETF recorded more than 1.3 billion shares traded in a single session. The volume ranked as the third-highest daily total for any U.S.-listed ETF over the past two decades.
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An inverse-leveraged exchange-traded fund tied to semiconductor stocks recorded trading volume above 1.3 billion shares. The total placed the session third among all U.S.-listed ETFs when ranked by shares traded over the past twenty years.
Data covering the period showed only two prior instances of higher single-day share counts for any comparable fund. Market participants observed the surge without an accompanying statement from the fund sponsor on the drivers behind the activity.
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