Investor Caution Drives Record Outflows from Senior Loan ETFs Senior loan ETFs, including the Invesco Senior Loan ETF (BKLN), have experienced significant investor withdrawals, with BKLN seeing $2.6 billion in outflows recently. This trend reflects growing unease about potential U.S. economic downturns, rising default risks, and the prospect of interest rate cuts, making high-yield loans less attractive.12