The dust has not fully settled from last week’s news that Bill Gross, formerly a PIMCO managing director and chief investment officer, left the firm he founded for Janus Capital (NYSE: JNS), but there is plenty of chatter regarding whether money will follow Gross out of PIMCO’s doors.

Last week’s outflows from the PIMCO Total Return ETF (NYSEArca: BOND), the actively managed ETF formerly run by Gross, are just under $11 million. Not much for an ETF that still has $3.56 billion in assets under management. [Small Outflows From BOND Prior to Gross Resignation]

However, estimates, and it should be emphasized they are estimates at this point, on potential redemptions at various PIMCO funds range from the tens of billions of dollars to hundreds of billions. Jeffrey Gundlach “said his DoubleLine Capital LP received hundreds of millions of dollars on Sept. 26 after Gross quit. He said it was the most money gathered in a day this year and the second-highest client deposits since the Los Angeles-based firm started in 2009,” report Sree Vidya Bhaktavatsalam and Mary Childs for Bloomberg.

On a related note, there are some ETFs that could benefit from flows to other asset managers in the wake of Gross’ acrimonious departure from PIMCO. Last week, Citigroup analyst William Katz noted that capital could head to big-name asset and fund managers such as BlackRock (NYSE: BLK), Franklin Resources (NYSE: BEN) and Invesco (NYSE: IVZ).

That could prove beneficial to the PowerShares KBW Capital Markets Portfolio (NYSEArca: KBWC). KBWC is something of an ETF of ETF providers with Charles Schwab (NYSE: SCHW), Blackrock, parent of iShares, StateStreet (NYSE: STT) and Invesco, parent of PowerShares, among its top-10 holdings. iShares and PowerShares are the largest and fourth-largest U.S. ETF s issuers, respectively.

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