According to the Investment Company institute (ICI), year to date, investors have taken some $291 billion out of mutual funds and exchange-traded funds.
But that's not the whole story. The ICI's numbers represent net flows, meaning there were inflows, but they were dwarfed by outflows.
The real story isn't about net outflows - it's about where the $108 billion that flowed into the market went, and how you can profit from that movement.
ETFs are much better investment vehicles than mutual funds.
They're tradable all day (which means they're infinitely more "liquid" than mutual funds), they're cheaper than mutual funds, and there are thousands of specialty ETFs that mutual funds can't touch.