Investors pulled $2.1 billion out of leveraged and inverse exchange-traded funds, the second month they have redeemed money from the controversial funds.

But for all ETFs in August, assets rose 3.3%, or $20.1 billion, to a total of $661 billion, according to State Street Global Advisors. Besides the leveraged ETF category, the only other category to lose assets in August was commodity ETFs, which gave up $326 million.

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