TSLL, WTIB: Big ETF Outflows

ETF Channel data showed large outflows from leveraged and niche ETFs on May 19, 2026. The biggest nominal outflow was Direxion Daily TSLA Bull 2X Shares (TSLL), which saw 20.2 million units destroyed (a 5.3% week‑over‑week drop); TSLA stock traded down about 3.5% in morning session. On a percentage basis, the USCF Oil Plus Bitcoin Strategy Fund (WTIB) lost 10,000 units, a 40.0% decline in outstanding units versus the prior week. The moves point to investor deleveraging in TSLA exposure and steep redemptions in a hybrid oil/bitcoin fund, signaling short‑term bearish flows into related ETFs.