Leveraged Oil ETFs Could be Seen Again

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 management, respectively. In either case, those are…Click to read more at ETFtrends.com.