ETFs Feel the Heat: A $40.2M Outflow and the Case for Crypto-Related Stocks

A $40.2 million outflow hits ULTY/SLTY on 9/29 as YieldMax rebalances, trimming UPST, PLTR, and COIN while scaling MP and BMNR. The move underscores how ETF positioning shifts around crypto exposure and miner plays ^[1].

ULTY Highlights

• AUM: $3,382,863,703; Inflows: -$40,204,500; Cash: ~$740M. Top increased shares: MP (+100%), SYM (+36.6%), BMNR (+34.3%). Top reduced: UPST (-62.8%), PLTR (-18.6%), COIN (-18.1%) ^[1].
• Movers & Shakers: Winners: HOOD (+12.3%), PONY (+7.3%), COIN (+6.8%). Biggest Losers: UPST (-8.0%), OPEN (-6.9%), QUBT (-6.4%) ^[1].

SLTY Highlights

• AUM: ~$14.9M; Cash: ~$12.8M. Options: Credit/Debit +$98,556. Position changes: N/As.
• Movers & Shakers: Top Performers: RH (-2.3%), GTLB (-1.3%), ENPH (-1.2%). Underperformers: MARA (+15.7%), BTDR (+6.5%), LMND (+5.7%) ^[1].
• Notably, MARA is highlighted as an underlying mover among crypto-related stocks ^[1].

The update hints at how ETF portfolios shed crypto-exposed names like COIN and steer toward crypto-mining dynamics, with MARA acting as a pulse on crypto exposure despite mixed market signals ^[1].

Closing thought: keep an eye on the next ULTY/SLTY update to gauge whether crypto miners gain momentum as ETFs tilt away from or toward bitcoin-linked exposure ^[1].

References