Leveraged Oil ETFs Could be Seen Again
December 01, 2016 at 09:00 AM EST
Last month, Credit Suisse shocked the exchange traded products world by announcing that it would shutter the VelocityShares 3x Long Crude ETN (NYSEArca: UWTI) and the VelocityShares 3x Inverse Crude (NYSEArca: DWTI). As of Nov. 28, UWTI and DWTI had $1.5 billion and $176 million in assets under...