The third quarter got off to a sizzling start in the ETF industry; a surge in asset prices boosted asset levels significantly after two months of freefalls, and the product development activity remained strong after a busy month of September. Close to 30 new products began trading last month, including many first-to-market ideas that have opened up new asset classes and investment strategies. October additions to the ETF lineup are highlighted below. New ETFs New exchange-traded products that began trading in October include: ProShares, the leading provider of alternatives ETFs, launched two more volatility ETFs. These funds that offer leveraged and inverse exposure to VIX futures contracts are Ultra VIX Short-Term Futures ETF (UVXY) and Short VIX Short-Term Futures ETF (SVXY). Rydex rolled out the CurrencyShares Chinese Renminbi Trust (FXCH), adding to its currency product lineup and following on the heels of other ETFs tapping into the Chinese currency. This ETF is structured as [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: Markets Clear Technical Hurdle VelocityShares Debuts Leveraged Precious Metals ETNs ETF Insider: Markets Regain Footing iShares Launches Minimum Volatility ETFs Russell Brings More “Investment Discipline ETFs” To Market