Investors Withdraw Record Amount from Bearish Oil ETF Amid Supply Risks

Investors withdrew a record $220 million from the ProShares UltraShort crude oil ETF last week, signaling reduced bearish sentiment amid concerns over supply risks. This outflow reflects shifting market expectations regarding future oil price movements.

By Rob Williams, SA News Editor · Seeking Alpha · June 8, 2026, 21:58 UTC

Investors Withdraw Record Amount from Bearish Oil ETF Amid Supply Risks

Tickers: $SCO

Topics: commodities exchange-traded funds (ETFs) oil prices

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