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What's Behind the Spike in VIX ETFs?

Nathan Reiff

The world of exchange-traded funds (ETFs) and similar products has grown so large and particular that one can find multiple investment vehicles for just about any bet related to the markets. In some cases, ETFs have a broad mandate, such as an entire sector or even a large index of names. Exchange-traded products that rise along with the Cboe Volatility Index (VIX) likely fall within the latter category.