[Technology sector ETF net outflows of $8.7 billion; XLK posted the worst performance in the industry]



According to The Kobeissi Letter, over the past month, technology sector ETF XLK saw net outflows of $8.7 billion, the largest by size among S&P 500 sector ETFs, and XLK fell 5.4% over the same period, the worst-performing sector ETF. Energy sector ETF XLE and communication services sector ETF XLC recorded net outflows of $1 billion and $500 million, respectively, while financial sector ETF XLF saw net inflows of $2.1 billion. $BTC
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