The world's largest crude oil exchange-traded fund has bled over $2 billion in less than a year. And it's not due to investors finding greener pastures elsewhere with other ETFs; it's the siren call of soaring prices that's prompting this mass exodus. The WisdomTree Brent Crude Oil exchange-traded commodity had assets under management of some $2.
5 billion last summer, according to Bloomberg. Now, the publication reports, this is down to $396 million, with withdrawals accelerating over the past few days. In that, withdrawals seem to be following…Oil Fund Withdrawals Suggest Extended Price Rally
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