Record $23 Billion Flees World's Largest ETF
VIX Futures Contracts Spike to Record Net-Long
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Investors actively abandoned the world’s biggest passive fund during the onset of market mayhem.
The SPDR S&P 500 exchange-traded fund (ticker SPY) suffered a record $23.6 billion in outflows last week amid the worst momentum swing in history for the underlying U.S. equity benchmark.